SCCU
MOTOR SCOUT BUSINESS VEHICLE LOAN
Loan to finance the purchase of a new or demo model business vehicle through Motor Scout Car buying service
Business loansBank updated 30 June 2026
At a glance
- Fixed
- 7.60% · 9.97% comparison
- Loan size
- $20,000 to $150,000
- Upfront fee
- $1,365
- Monthly fee
- $8
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedFixed for the term of the loan | P&I | 3 yrs fixed | — | 7.60% | 9.97% | — |
| FixedFixed for the term of the loan | P&I | 4 yrs fixed | — | 7.60% | 9.97% | — |
| FixedFixed for the term of the loan | P&I | 5 yrs fixed | — | 7.60% | 9.97% | — |
§ 02 — Fees · 6
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| DIRECT_DEBIT_DISHONOUR | Event | $15 | — | Charged if your direct debit payment is dishonoured due to insufficient funds |
| LOAN_VARIATION | Event | $150 | — | When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term. |
| PERSONAL_LOAN_SECURITY_VARIATION | Event | $150 | — | When there is a variation made to the security used for an existing loan agreement. For example you change the vehicle which secures your loan. |
| MTHLY_PERSONAL_LOAN_FEE | Periodic | $8 | Every 1 mo | Flat Monthly Fee of $8 for personal or vehicle loans. |
| BUSINESS_LOAN_ESTABLISHMENT_FEE | Upfront | $375 | — | — |
| ORIGINATION_FEE | Upfront | $990 | — | — |
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Y
- · Available to individuals
- · Available to businesses
- · Amount $20,000 to $150,000
- · Capacity to repay the loan
- · For Purchase of a vehicle for commercial purpose
- · Available to new business introduced by Motor Scout Australia
§ 05 — Compare
§ 06 — Run the numbers
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Published by Southern Cross Credit Union under the Consumer Data Right, last changed by them on 30 June 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.