The EquiMax Loan lets eligible Australians use an approved vehicle as security for short-term cash flow support while retaining full use and possession of their car.
Online applications are available 24/7. Sydney service is online, not through a physical branch.
A car equity loan uses your registered vehicle, or another approved asset, as security for a fixed amount of borrowing. AutoSwift Finance’s EquiMax Loan is a medium-amount credit contract for eligible Australians seeking $2,100 to $5,000 for lawful, short-term needs. You keep driving your vehicle throughout the fixed 12 month repayment term, while a PPSR security interest is registered against the approved asset.
Important: This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The EquiMax Loan is designed around a defined amount, a fixed term and an approved vehicle. These are the main points to consider before applying.
Your approved vehicle remains in your possession for the whole loan term. A PPSR security interest is registered, but you can continue using the car for everyday travel, work and family needs.
Read about loans that let you keep your car.
Funds may be used for lawful purposes such as vehicle repairs, registration, tyres, insurance excess payments, medical or dental bills, emergency home repairs, utilities, work tools, equipment or training fees.
The standard EquiMax Loan has a fixed 12 month repayment term and fixed scheduled repayments. You can choose weekly, fortnightly or monthly repayments to align with your pay cycle.
See how fixed repayments work.
AutoSwift Finance operates Australia-wide online, including Sydney and NSW. Applications and loan management are digital, with no claim of a physical Sydney branch.
Learn more about a Sydney online loan application.
Borrow $2,100 to $5,000 when you have an approved vehicle or asset available as security.
Choose weekly, fortnightly or monthly scheduled repayments.
Keep full use and possession of your vehicle during the loan term.
Manage the application and loan online through digital servicing.
Make additional repayments at your discretion, subject to the contract.
Review every fee upfront before deciding whether the product suits your circumstances.
Complete the application and provide details about your identity, income, expenses and vehicle.
What you see: a digital application form.
AutoSwift Finance verifies your information, reviews the vehicle and assesses affordability and credit criteria.
What you see: an assessment based on your submitted information.
If approved, review the disclosed offer, sign digitally and receive funds by PayID or EFT.
What you see: an offer and digital signing process.
Most decisions are made the same business day once all supporting documents are received. Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.
Comparison rate 65.61% p.a. based on a $2,500 loan over 24 months.
| Fee | Amount |
|---|---|
| Establishment fee | $400 |
| PPSR Check fee | $2 |
| PPSR Registration fee | $6 |
| Credit Check fee | $8 |
| Total fixed upfront fees | $416 |
| Application fee | $0 |
| Monthly account-keeping fee | $0 |
| Dishonoured Payment Fee | $35 |
| Reschedule Fee | $25 |
| Early payout fee | $0 |
$416 in fixed upfront fees is deducted from the amount borrowed at the start.
Applicants must be aged 18 or over, have an Australian residential address, contact number and email address, and provide verifiable income and acceptable security.
See the full vehicle loan eligibility requirements before applying.
“Easy process good company to work with they look at you more personally rather than just automatic response.”
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.
AutoSwift Finance operates Australia-wide online, including Sydney and NSW. You may apply for an EquiMax Loan from $2,100 to $5,000 if your vehicle meets the security requirements and you satisfy the eligibility and affordability criteria. There is no claim of a physical Sydney branch, and approval is not guaranteed.
Yes, you keep full use and possession of the approved vehicle for the whole loan term. AutoSwift Finance registers a PPSR security interest against the vehicle. This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The fixed interest rate is 47% p.a., with a comparison rate of 65.61% p.a. based on a $2,500 loan over 24 months. Fixed upfront fees total $416, comprising the $400 establishment fee, $2 PPSR Check fee, $6 PPSR Registration fee and $8 Credit Check fee, while the application fee and monthly account-keeping fee are $0.
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Employed applicants typically provide government-issued photo identification, their last two to three payslips, vehicle registration papers or a log book, comprehensive insurance evidence and information about income, expenses and liabilities. Self-employed applicants may provide invoices, contracts or tax returns instead of payslips. Additional documents may be reasonably required for assessment.
Early payout is available at any time, subject to the terms of your contract. The early payout fee is $0, and additional repayments are permitted at your discretion. Review the contract before making an early payout so you understand the amount required.
Early payout is available subject to the terms of your contract.
Consider whether you can make the required repayments without substantial hardship before applying. If your question relates to existing debt, arrears or hardship, contact your current creditor, AutoSwift Finance’s hardship team or a free financial counsellor rather than assuming a new loan is the right solution.
For financial hardship support, contact cs@autoswift.com.au or 1300 894 686.
Review the eligibility requirements and submit an application online, subject to credit assessment.
Ready to review your options?
Subject to eligibility and credit assessment.