Unity BankBusiness Vehicle Loan
Get a fixed business vehicle loan designed for business customers who need to replace, upgrade or purchase a new or used vehicle.
At a glance
- Pricing
- Rates on application
- Upfront fee
- $250
Fees
6 fees published, grouped by when they're charged.
- When you take it outUp to $2502 fees, each listed below
- While you hold it$2 a monthPAPER_STATEMENT_FEE
- When you close it or pay it offNo fee published
When you take it out2
- LOAN_ESTABLISHMENT_FEE_-_BUSINESS_VEHICLE_LOAN_(NEW)
A fee charged to set up a new Business Vehicle Loan
$250 - SECURITY_GUARANTOR_FEE
Payable if a guarantor is listed on the loan schedule.
$200
While you hold it1
- PAPER_STATEMENT_FEE
A fee charged to cover the cost of producing and sending paper statements
$2 a month
When particular things happen3
- DEFAULT_NOTICE_FEE
A fee charged if you default on your repayments and we issue a default notice
$50 - FIXED_RATE_LOCK_FEE
A fee charged to guarantee the fixed interest rate quoted to you at loan approval for up to 90 days from the date of approval. The amount is $500.00 or 0.15% of the total fixed rate loan amount which…
$500 - LATE_PAYMENT_FEE
A fee charged when you don't make your minimum monthly payment, plus any overdue amount
$15
Features
- 1 to 7 years
- Flexible repayment options weekly, fortnightly or monthly
- You can make extra repayments or repay your loan in full at any time. Extra repayments may enable you to redraw funds, subject to conditions
- No PPSR (Personal Property Securities Register) fee is charged during the loan application
- Set repayments that won't change during the fixed term so you can lock in certainty
- Based on your choice of business finance option you could benefit from ongoing tax benefits
Eligibility and limits
- Minimum age 18
- Residency: Permanent Resident
- Available to businesses
- Applications for credit are subject to eligibility and suitability criteria and normal credit approval process.
- New or used vehicles up to 5 years old including passenger cars, vans, utes, small trucks, minibuses and other light commercial vehicles
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Published by Unity Bank under the Consumer Data Right, last changed by them on 1 July 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.