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Plenti Commercial Flex Loan

A commercial asset finance product for business customers. Allows extra repayments and reamortisation of the loan repayment schedule at any time. Available for the purchase or refinancing of motor vehicles and commercial trucks via accredited third parties. Credit subject to approval.

Business loansLender updated 9 Oct 2026

At a glance

Fixed
8.54%
Loan size
$5,000 to $250,000
Upfront fee
$499

How it compares

This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This business loan: 8.54%Every other institution's lowest, 46 in all

Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.

This business loan: 8.54%Every other institution's lowest, 46 in all

Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.

RateThis business loanBest anywhereTypical institutionWhere it sits
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower8.54%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions36th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower8.54%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions36th lowest of 47

Rates

Every rate Plenti publishes for this business loan, 3 in all.

TypeApplies toTermBandRateComparisonConditions
DiscountP&I--0.50%-Discount to standard rates where the vehicle is a new electric vehicles valued under $90,000
FixedLowest rate generally available, depending on credit criteria and vehicle age. The actual rate offered may be higher and will be determined by the details provided during your application, including…P&I7 yrs fixed-8.54%--
FixedLowest rate generally available. Assumes monthly payments in advance. The actual rate offered may be higher and will be determined by the details provided during your application, including your brok…P&I7 yrs fixed-8.54%--

Fees

9 fees published, grouped by when they're charged.

  1. When you take it outUp to $5002 fees, each listed below
  2. While you hold it$9.90 to $14.90 a monthAccount Management Fee
  3. When you close it or pay it offUp to $2003 fees, each listed below

When you take it out2

  • Credit Assistance Fee

    Establishment/application fee payable on loan settlement where introduced via an EV partner

    $499
  • Credit Assistance Fee

    Establishment/application fee payable on loan settlement where introduced via a broker

    $500

While you hold it1

  • Account Management Fee

    Monthly account management fee, amount as set out in your loan contract

    $9.90 to $14.90 a month

If a payment is late or fails1

  • Direct Debit Dishonour Fee

    Payable where a direct debit repayment is dishonoured.

    $25

When particular things happen1

  • Variation Fee

    Payable when the contract is requested to be varied.

    $30

When you close it or pay it off3

  • Discharge Fee

    Administration fee payable at the time of account closure.

    $200
  • Early Termination Fee

    For loans over 36 months, a fee equivalent to 2 monthly repayments when terminating within the first 24 months only

    Varies
  • Early Termination Fee

    For loans of 36 months or less, a fee equivalent to 1 monthly repayment when terminating within the first half of the loan term only

    Varies

Other fees1

  • Arrears Fee

    A fee which is payable while the account is in arrears.

    $15

Features

Extra repayments
  • Loan repayment schedule can be reamortised (recalculated) following extra repayments in advance of the required repayments, reducing future periodic repayment amounts once any balloon has been fully…
  • Optional balloon at end of term (depending on selected term).
  • Low-doc application, no financials required.

Eligibility and limits

  • Residency: Australian-based business applicants and entities only
  • Available to businesses
  • Amount $5,000 to $250,000
  • Guarantor required for all company and trust entity applicants.
  • ABN registration of at least 1 year and GST registration of at least 3 months required
  • Vehicle not to be used for ridesharing or leasing
  • Loan terms range from 2 years (P2Y) to 7 years (P7Y)
  • Maximum eligible asset age at origination is 12 years
  • At any point in time during the loan, the vehicle age cannot exceed 15 years.
  • Must be submitted through a Plenti accredited introducer.

Published by Plenti under the Consumer Data Right, last changed by them on 9 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.