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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.

Source dated 1 Oct 2026
Amount
$10K to $250K
Term
1 yr to 7 yrs
Rate
6.79% p.a. to 17.49% p.a. fixed
Security
Asset-backed

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
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
Green programme borrower
Eligible sole traders and privately owned Australian companies
Eligible green assets or projects
Eligible electric vehicles purchased from a licensed dealer
Green discount
Eligible electric vehicles may receive up to 0.50% p.a. off the personalised fixed rate; this is not the actual loan rate.
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
Not published by Great Southern Bank
repayment frequency, early repayment, funding time
Suitable purposes
VehicleSustainable investment

About Business+ Vehicle Loan

Great Southern Bank publishes these details for Business+ Vehicle Loan: structure vehicle loan; loan amount $10K to $250K; term 1 yr to 7 yrs; security asset-backed; time trading 1+ year trading; turnover $75K+ annual turnover. Not published by Great Southern Bank for this product: maximum LVR, funding time. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other Great Southern Bank products

  • Business+ Unsecured Loan: Structure is vehicle loan here and term loan for Business+ Unsecured Loan; loan amount is $10K to $250K here and $20K to $50K for Business+ Unsecured Loan; term is 1 yr to 7 yrs here and 1 yr to 3 yrs for Business+ Unsecured Loan; security is asset-backed here and unsecured for Business+ Unsecured Loan.
  • Business+ Unsecured Overdraft: Structure is vehicle loan here and overdraft for Business+ Unsecured Overdraft; loan amount is $10K to $250K here and $10K to $50K for Business+ Unsecured Overdraft; Great Southern Bank publishes term (1 yr to 7 yrs) for this product but not for Business+ Unsecured Overdraft; security is asset-backed here and unsecured for Business+ Unsecured Overdraft.
  • Secured Business Loan: Structure is vehicle loan here and term loan for Secured Business Loan; loan amount is $10K to $250K here and $20K to $5M for Secured Business Loan; Great Southern Bank publishes term (1 yr to 7 yrs) for this product but not for Secured Business Loan; security is asset-backed here and secured for Secured Business Loan.

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