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Resimac Electric Vehicle Finance

Broker-submitted finance for ABN and GST registered businesses buying electric vehicles, $5,000 to $250,000 over 1 to 7 years, Low Doc or Lite Doc.

From lender's website, 29 Sept 2026
Amount
$5K to $250K
Term
1 yr to 7 yrs
Rate
Individual assessment
Security
Not published

Product details

As published by Resimac. Details not published by the lender are marked.

Loan amount
$5K to $250K
Rate
Individual assessmentResimac publishes a starting fixed rate for this product but gives no as-at date or p.a. label on the page. Confirm the current rate and applicable loadings with Resimac.
Rate type
Fixed
Term
1 yr to 7 yrs
Security
Not published
Structure
Vehicle loan
Fees
Account keeping fee of $4.95 per month · Setup fee of $495 · Private sale or equity raise fee of $695 (instead of the setup fee)
Repayment frequency
Not published
Early repayment
Not published
Time trading
ABN and GST registered more than 1 year (Lite Doc) or more than 2 years (Low Doc)
Turnover
Not published
Documents
Low Doc (maximum $150,000, ABN and GST registered more than 2 years): application and privacy consent, asset and liability statement. Lite Doc (maximum $250,000, ABN and GST registered more than 1 year): also 12 months history on ATO Portal and two most recent Business Activity Statements; 3 months bank statements on request.
Guarantees
Not published
Funding time
Credit assessment within 24 hours; same-day settlement cut-off 2pm AEST
Restrictions
Maximum asset age at end of term 12 years. Minimum 10% deposit for non-property owners. Insurance required on all deals, with Certificate of Currency on amounts over $100K. Hybrid cars not eligible for EV discount. Applications submitted by accredited brokers via the Broker Login.
How to apply
Through a broker or the lender's relationship managers
Suitable purposes
Vehicle

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