Need a new vehicle for your business? Our Business Vehicle Loans could help you access a new car, ute or other vehicle for use within your business.
Product Features
Business Vehicle Loan |
|
Minimum Loan Amount
|
$20,000 |
Maximum Loan Amount
|
$150,000 |
Maximum LVR
|
100% |
Maximum Loan Term
|
5 Years |
Minimum Loan Term
|
1 Year |
Additional Repayments
|
Yes |
Redraw
|
No |
Principal & Interest Repayments
|
Yes |
Interest Only Repayments
|
No |
Split Loan
|
No |
Interest Rates
Business Vehicle Loan |
|
1 Year Fixed Rate
|
5.75%pa |
2 Year Fixed Rate
|
5.75%pa |
3 Year Fixed Rate
|
5.75%pa |
4 Year Fixed Rate
|
5.75%pa |
5 Year Fixed Rate
|
5.75%pa |
Fees & Charges
Business Vehicle Loan |
|
Establishment Fee
|
$375 |
Other Fees | |
Redraw (Online / In branch)
|
- |
Legal Fee (trust deed review)
|
$132 |
Discharge Fee
|
- |
Changes to Loan Contract
|
$150 |
Direct Debit Dishonour Fee
|
$15 |
Break Cost Fee
|
Refer to Loan Contract |
-
Car Buying Service
BankStead Capital Bank has partnered with Motor Scout to offer our members an easy and transparent way to buy a new car with the haggle and negotiation done for you – all for FREE! Motor Scout has over 850 dealers across United States and guarantee to get you the best price on your new car!
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The Little Details
Products issued by BankStead Capital Bank Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. Your actual interest rate may vary depending on the security offered.