We’ve slashed the rates on finance for new cars and EVs – and now extended to primary assets!*
As a special Easter treat, we’re offering discounted commercial rates on new and near-new (up to three years old) cars, electric vehicles and primary assets (ex prime movers). These rates will only be available until 30 April 2024.Eligible vehicles:
- Passenger vehicles
- Light trucks
- Light commercial vehicles (vans, utes)
- Motor bikes
Eligible primary assets:
-
Heavy trucks >4.5T GVM
(Excluding Prime Movers) - Trailers
- Buses and coaches
- Small yellow goods and excavators
- Construction and earth moving equipment
- Offer applicable for motor vehicles, electric vehicles and primary assets (ex prime movers) up to 3 years old that are used by the business as part of its normal trading activities. - All other regular loadings apply.
- All other regular loadings apply.
- Valid until COB 30 April 2024 on approved deals only.
- Price valid for 14 days from approval.
Product specifications | |||
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Lite Doc | |||
Fixed interest rate | From 7.99%^* | ||
Loan term | 1-7 years | ||
ABN & GST registered | > 1 year | ||
Max age of asset at term | <20 years motor vehicles
and all other assets <25 years for trucks <30 years for trailers |
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Minimum deposit required for non-property owners | 10% (motor vehicles) 20% (all other assets) |
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Max loan amount | Motor vehicles: $250,000; Primary assets $350,000 |
||
Insurance requirement | All deals, with Certificate of Currency proof on amounts > $100K |
Application requirements | |||
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Lite Doc | |||
Application and privacy consent | |
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Asset and liability statement | |
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12 months history on ATO Portal | |
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Two most recent Business Activity Statements | |
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3 months bank statements | On Request | ||
Financial accounts/tax returns | - |
^Loading
(Multiple loadings may apply, maximum loading capped at 4% per deal)
*Hybrid cars not eligible for EV discount. Please refer to Motor vehicles finance product.
Fees
- Setup fee of $495
- Additional setup fee of $200 if private sale/equity raise
- $295 documentation fee for new electric vehicle
- Monthly account-keeping fee $4.95
SLAs
We are currently doing:
- Credit assessment within four hours;
- Documentation within 24 hours; and
- Same-day settlement cut-off is 2pm AEDT.
How do I apply?
To submit an electric vehicle loan application, click the Broker Login button.Talk to us
Need to know:
The information on this website is of a general nature and does not comprise professional advice or product recommendation. Before making any decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.
Resimac Asset Finance Pty Ltd is a registered member of the Australian Financial Complaints Authority for dispute resolution.
Eligibility criteria apply. The rates and figures shown apply only to borrowers with excellent credit history, meet our lending criteria and are purchasing a new or near new vehicle or primary asset (*excludes prime movers). We also offer loans at higher rates to applicants subject to our lending criteria and pricing. Terms and conditions apply to all loans. ^Loan limits for Lite Doc. For higher loan amounts, please contact your BDM.
The information on this website is of a general nature and does not comprise professional advice or product recommendation. Before making any decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.
Resimac Asset Finance Pty Ltd is a registered member of the Australian Financial Complaints Authority for dispute resolution.
Eligibility criteria apply. The rates and figures shown apply only to borrowers with excellent credit history, meet our lending criteria and are purchasing a new or near new vehicle or primary asset (*excludes prime movers). We also offer loans at higher rates to applicants subject to our lending criteria and pricing. Terms and conditions apply to all loans. ^Loan limits for Lite Doc. For higher loan amounts, please contact your BDM.