The Finance Algorithm
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Commercial Vehicle Variable Loan

Commercial Vehicle Variable Loan

Business loansBank updated 30 Oct 2026

At a glance

Variable
7.63%
Upfront fee
$295

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: 7.63%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: 7.63%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 lower7.63%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions18th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower7.63%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions18th lowest of 47

Rates

The one rate Police Credit Union Limited publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, P&I-≤50% LVR7.63%--

Rate changes

One change logged, newest first.

DateRateWasNowChange
31 Oct 2026Variable, Investment, P&I, ≤50% LVR7.38%7.63%up 0.25

Each change is logged the night it appears in the rates Police Credit Union Ltd publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

When you take it out1

  • VEHICLE_AND_EQUIPMENT_LOAN_APPLICATION_FEE
    $295

When particular things happen3

  • DEFAULT_FEE

    Payable whenever your repayments become in arrears by 15 days or more.

    $15
  • DEMAND_FEE

    Payable whenever we send you a notice demanding that you remedy a default under your contract.

    $50
  • DISHONOUR_FEE

    Payable whenever a direct debit, cheque or payment order to your account is declined or dishonoured.

    $15

Features

Instant paymentsPayIDDigital banking

Eligibility and limits

  • Minimum age 18
  • Available to businesses

Published by Police Credit Union Ltd under the Consumer Data Right, last changed by them on 30 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.