The Finance Algorithm
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Commercial Motor Vehicle Finance

Secured finance for passenger vehicles, classic cars and motorbikes. Fixed rate finance with terms from 12 to 84 months.

Business loansLender updated 20 Aug 2026

At a glance

Fixed
7.54%
Loan size
$5,000 to $450,000
Monthly fee
$4.95

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: 7.54%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: 7.54%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 lower7.54%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions17th lowest of 47, level with one other
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower7.54%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions17th lowest of 47, level with one other

Rates

The one rate Resimac Asset Finance publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
FixedRates starting at 7.54%. Subject to Eligibility Criteria. Rates may be subject to change.P&I7 yrs fixed-7.54%--

Fees

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

  1. When you take it outVaries2 fees, each listed below
  2. While you hold it$4.95 a monthMonthly Account Keeping Fee
  3. When you close it or pay it offNo fee published

When you take it out2

  • Account Setup Fee

    Account Setup Fee of $495 for Dealer Sales and Refinance. $695 for Private Sales/Sale and Buyback.

    $495 to $695
  • PPSR Registration Fee

    PPSR fee(s) at cost per Secured Vehicle.

    $6 to $12

While you hold it1

  • Monthly Account Keeping Fee
    $4.95 a month

Features

Guarantor option
  • Balloon/Residual Payments Up to 50% depending on asset age and term.

Eligibility and limits

  • Residency: Australian citizen or Permanent Resident
  • Available to businesses
  • Amount $5,000 to $450,000
  • Maximum LVR 1.3%
  • Comprehensive insurance coverage required on all secured assets. Certificate of Currency required for Net Amount Financed > $100k. "Resimac Asset Finance" to be noted as an Interested Party.
  • No current or recent bankrupts. No current bankrupts or discharged within 10 years
  • Minimum 12 months. Maximum 84 months. Subject to Eligibility Criteria.
  • Maximum asset age at end of term: 25 years (excluding classic cars).

Published by Resimac Asset Finance under the Consumer Data Right, last changed by them on 20 Aug 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.