Great Southern Bank Business+ Vehicle Loan

Fixed rate business vehicle loan of $10,000 to $250,000 over 1 to 7 years, secured by the vehicle, with no upfront deposit and an optional balloon.

From lender's website, 25 Sept 2026

Product details

As published by Great Southern Bank. Details not published by the lender are marked.

Loan amount: $10K to $250K
Rate: 6.79% p.a. to 17.49% p.a. fixedRates current as at 15 May 2026 and subject to change. Personalised rate based on your credit score, with separate rate bands for property owners and non-property owners; 0.50% p.a. discount for an eligible electric vehicle.
Rate type: Fixed
Term: 1 yr to 7 yrs
Security: Asset-backed
Structure: Vehicle loan
Fees: Establishment fee of $595 · Securities administration fee of $100 · Service fee of $8 per month
Repayment frequency: Not published
Early repayment: Not published
Time trading: 1+ year trading
Turnover: $75K+ annual turnover
Documents: May include financial statements (preferably prepared by an accountant), proof of individual income, bank statements and identification
Guarantees: If the business is a company, all directors must provide a guarantee
Funding time: Not published
Restrictions: New and second-hand vehicles up to five years old bought from a dealership; cars, 4WDs, light commercial trucks, cab chassis, utes and vans; balloon available for terms of 1 to 6 years; sole traders or privately-owned Australian companies only; not available to companies owned by another company, partnerships, trusts, self-managed super funds or tax residents outside Australia; must have an ABN; applicants 18 or over and Australian residents
How to apply: Direct with the lender, or through us
Suitable purposes: Vehicle

Sources and freshness

Version 2, effective 25 Sept 2026. Second-pass check against the lender website.

Important information

About rates and fees.: Business finance is priced individually. Rates shown are the lender's published starting or indicative rates, not guaranteed rates. Where a lender does not publish a rate we still list the product and show how it is priced: "Rate available on application", "Risk-based pricing" (the lender says the rate depends on your risk or credit profile) or "Individual assessment" (the lender tailors pricing to each customer). Your rate and fees are confirmed by the lender after assessment.
Eligibility.: Meeting published criteria does not guarantee approval. Lenders also consider credit history, conduct of accounts, industry, security and the purpose of the loan.
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