EquiMax Loan for eligible Australians
Access a fixed-term, vehicle-secured loan for a specific short-term household need while keeping full use and possession of your approved vehicle.
All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (Australian Credit Licence 537359).
A car equity loan is a form of vehicle-secured finance that uses an approved vehicle registered in your name as security for a specific borrowing need. AutoSwift Finance offers the EquiMax Loan for eligible Australians seeking $2,100 to $5,000 for short-term needs such as urgent home repairs, emergency maintenance or unexpected household costs. You keep driving and using the vehicle during the fixed 12 month repayment term.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
If you are researching home repair loans, the EquiMax Loan is intended for a defined short-term cash flow need, not an ongoing credit limit or revolving facility.
The EquiMax Loan may be considered for lawful, short-term expenses where an eligible applicant can demonstrate repayment capacity.
A sudden repair can affect the safety or liveability of a home. Eligible borrowers may use funds for urgent maintenance and unexpected household repair costs.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The loan may also be used for other approved short-term costs, including medical or dental bills, insurance excess payments, bills and living expenses.
All applications are subject to credit assessment and eligibility criteria.
Eligible applicants may use funds for work tools, essential equipment, electronics or other lawful short-term needs that support their immediate cash flow.
The EquiMax Loan is not designed for ongoing or revolving credit needs.
For a specific repair or essential renovation expense, the fixed repayment structure can help an eligible borrower understand the scheduled commitment before signing an offer.
Review the loan offer and contract terms carefully before proceeding.
The EquiMax Loan is structured around a defined borrowing amount, a fixed term and digital servicing.
Retain full use and possession of the approved vehicle throughout the loan term.
Select weekly, fortnightly or monthly repayments aligned with your pay cycle.
A PPSR security interest is registered against the approved vehicle or asset.
Complete the application and manage the loan digitally throughout the term.
Additional repayments are permitted at your discretion, subject to contract terms.
AutoSwift Finance assesses identity, income, expenses, security and repayment capacity.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
For applicants comparing car equity loans with other options, the key difference is that the EquiMax Loan is vehicle-secured and has a fixed 12 month repayment term.
The application follows three main stages. Approval is not guaranteed and depends on credit assessment and eligibility.
Step 1
Complete the online application and provide identification, income and vehicle documents.
What you see: a digital application and document upload process.
Step 2
AutoSwift Finance verifies your information and assesses affordability, security and eligibility.
What you see: an assessment followed by an offer if approved.
Step 3
Sign approved documents electronically, then receive funds by PayID or EFT according to the stated process.
What you see: a digital offer, signed contract and funding instructions.
Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.
You can read more about the application process before deciding whether to apply.
Early payout is available subject to the terms of your contract.
“Easy process good company to work with they look at you more personally rather than just automatic response.”
L Groom
Customer comments are reproduced as supplied and should not be treated as a guarantee of future results or approval.
EquiMax Loan amount range
Fixed repayment term
Fixed interest rate
Australian Credit Licence
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Comparison rate 65.61% p.a. based on a $2,500 loan over 24 months. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or loan amounts will result in a different comparison rate.
For people considering urgent cash flow finance, the total fixed upfront fees are $416, deducted from the amount borrowed at the start. This comprises a $400 establishment fee, $2 PPSR Check fee, $6 PPSR Registration fee and $8 Credit Check fee.
It may be suitable for an eligible Australian who needs short-term funds for a lawful urgent home repair or unexpected household cost. The application is assessed individually, including income, expenses, security and repayment capacity. The loan is not designed for ongoing or revolving credit needs.
A PPSR security interest is registered against an approved vehicle or asset. The vehicle generally needs to be registered in your name, unencumbered, not written off or stolen, and comprehensively insured. You keep full use and possession of the vehicle during the loan term.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
Employed applicants may need photo identification, recent payslips, vehicle registration papers or a log book, and proof of comprehensive vehicle insurance. Self-employed applicants may need identification, invoices, contracts or tax returns, along with vehicle and insurance documents. Additional information may be requested during assessment.
The EquiMax Loan amount is $2,100 to $5,000, with a fixed 12 month repayment term. Repayments may be weekly, fortnightly or monthly, and are structured as fixed scheduled repayments for the loan term. Additional repayments are permitted at your discretion.
The fixed interest rate is 47% p.a. Fixed upfront fees total $416, consisting of the establishment, PPSR and credit check fees, and are deducted from the amount borrowed at the start. There is no application fee, monthly account-keeping fee or early payout fee, while other charges may apply under the contract.
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Most decisions are made the same business day for complete submissions, although application processing times may vary. If approved and all requirements are met, funds may be sent by PayID, often within minutes of disbursement, or by EFT on the next business day. Approval is not guaranteed and is subject to credit assessment.
Review the EquiMax Loan and decide whether it fits your circumstances and repayment capacity.
Ready to review your options?
Applications are subject to credit assessment and eligibility.