ScotPac ProdAsset Finance
ScotPac Asset Finance helps fund the vehicles, plant and equipment your business needs to grow and take on new opportunities.
At a glance
- Fixed
- 8.49%
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.
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.
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.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.49% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 36th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.49% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 36th lowest of 47 |
Rates
The one rate ScotPac Prod publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedRate is fixed for the term of the facility (maximum 60 months). Rates start from the advertised value for a full document application against primary assets only. Rates vary based on application deta… | P&I | 5 yrs fixed | - | 8.49% | - | Rate is fixed for the term of the facility (maximum 60 months). Rates start from the advertised value for a full document application against primary assets only. Rates vary based on application deta… |
Fees
One fee published, grouped by when they're charged.
Other fees1
- Application Fee
Application Fee from $795 based on a single asset as security valued at less than $150,000. Minimum $30 per extra asset.
From $795
Features
None published.
Eligibility and limits
- Available to businesses
- To apply, ScotPac requires a completed Application & Privacy Authority, 2 years P&L and BS (or for the full history of trading, whichever term is less), Current Commitment Schedule, ATO Portal, and A…
- ScotPac's deposit requirements vary and are determined as a combination of your application credit assessment and asset(s) offered for security. ScotPac may lend up to 100% of an asset value dependin…
- Minimum Term 24 months. ScotPac offers terms ranging from 24 to 60 months. Balloon / Residual Payments are available subject to credit assessment.
- Maximum Term 60 Months. ScotPac offers terms ranging from 24 to 60 months. Balloon / Residual Payments are available subject to credit assessment.
- Funding to purchase new or pre-owned equipment, vehicles, or machinery – sourced locally or internationally. Leverage the value of the assets your business already owns to raise capital. Funding of u…
- ScotPac's Asset Finance product offers Asset Finance contracts as Chattel Mortgages only.
- Terms and Conditions apply respective to Chattel Mortgage Facility Limits above or below $1,000,000. The relevant terms and conditions can be found in the Product Terms and Conditions section of the…
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Published by ScotPac Business Finance under the Consumer Data Right, last changed by them on 7 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.