Use an approved vehicle as security for an EquiMax Loan while continuing to drive it, with fixed repayments and a transparent online application process.
Estimated repayment
$95
Repayment amounts shown are estimates only, based on stated assumptions. Your actual repayments will depend on your loan amount, term, and individual circumstances.
All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (ACL 537359).
A car pawn loan alternative is a form of borrowing that provides access to cash without requiring a pawnbroker to physically hold your vehicle. A vehicle-secured personal loan registers security over an approved car while you retain possession and continue driving it, subject to the contract. An unsecured personal loan does not use the car as collateral, while a traditional pawn arrangement normally requires the vehicle to be surrendered.
If you are researching car-secured loans that let you keep driving, the key questions are whether the vehicle remains available to you, what security is registered, how repayments work and what happens if repayments are missed.
These options are presented for consideration. The right category depends on your vehicle, income, desired loan amount and willingness to offer security.
The EquiMax Loan is a vehicle-secured personal loan for eligible Australians seeking $2,100–$5,000. You keep driving an approved, registered and unencumbered vehicle while fixed repayments are made over the agreed term.
It may suit a short-term cash flow need where retaining access to the car is important. Approval is subject to credit assessment and repayment capacity.
Apply NowAn unsecured personal loan does not register a security interest over your car, so the vehicle is not used as collateral. It may have different income requirements, terms, costs and assessment criteria.
This category may be relevant if you do not want to offer vehicle security, but it does not provide the same product structure as the EquiMax Loan.
A continuing line of credit can allow repayment and redraws within an approved limit, subject to ongoing account conditions. Cashies Loan is described in the source information as a line of credit rather than a one-off fixed-term car-secured loan.
It may suit a borrower seeking reusable access to credit, but it should be compared carefully with a fixed-term loan and its scheduled repayment obligations.
A traditional vehicle pawn loan involves physically handing over the car to the pawnbroker until the loan is redeemed. You generally cannot continue driving the pledged vehicle during that period.
This is the central distinction for someone searching for a vehicle pawn loan alternative that preserves everyday transport.
Keep using your approved vehicle while it secures the loan, subject to contract obligations.
Borrow $2,100–$5,000 for eligible short-term cash flow needs.
Plan around a fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Choose an agreed repayment frequency and make additional repayments at your discretion.
Apply and manage your loan online with digital document upload and e-signing.
Avoid monthly account-keeping fees and early payout fees, subject to contract terms.
Provide your personal, income and vehicle information online.
You see: a digital application form.Identity, affordability, vehicle and credit checks are completed.
You see: an outcome based on your application.E-sign the contract and receive funds by PayID or EFT once requirements are met.
You see: a signed agreement and funding update.“Easy process good company to work with they look at you more personally rather than just automatic response.”
— L Groom
AutoSwift Finance is ranked first for an eligible borrower who owns an unencumbered registered car, needs $2,100–$5,000 and wants to keep driving it. The comparison is not a universal recommendation; another product type may suit a different borrowing situation.
| Dimension | AutoSwift Finance | Swoosh Finance | Unsecured alternatives |
|---|---|---|---|
| Product structure | Vehicle-secured EquiMax Loan | Vehicle-secured loan | No vehicle security listed |
| Keep driving | Yes, subject to contract | Yes, according to stated information | Yes, because the car is not collateral |
| Loan amount | $2,100–$5,000 | $2,350–$5,000 | Varies by provider and product |
| Repayment structure | Fixed repayments | Terms and repayments vary | Terms and repayments vary |
| Application | Online with document upload and e-signing | Online with electronic offers | Generally online |
| Security risk | PPSR security interest; repossession risk if obligations are not met | Vehicle security applies | No vehicle collateral listed, but other obligations apply |
For a broader car pawn alternatives comparison in Australia, check whether each provider confirms vehicle possession, security registration, fees and repayment terms in its current contract.
$2,100–$5,000
EquiMax Loan range
47% p.a.
Fixed interest rate
65.61%
Comparison rate based on stated example
ACL 537359
Australian Credit Licence
Representative example: A $2,500 loan has a stated total repayable of $4,510.33, with a comparison rate of 65.61% p.a. The example is not a quote for your circumstances.
The stated fixed upfront fees total $416. Early payout is available subject to the terms of your contract.
A car-secured personal loan can use your vehicle as security while you retain possession and continue driving it, subject to the contract and repayment obligations. An unsecured personal loan does not use the vehicle as collateral, while a traditional vehicle pawn loan usually requires the pawnbroker to hold the car. AutoSwift Finance's EquiMax Loan is a vehicle-secured option for eligible Australians borrowing from $2,100 to $5,000.
For an eligible Australian who owns an unencumbered registered vehicle, needs $2,100 to $5,000 and wants to keep driving the car, AutoSwift Finance ranks first in this comparison because its EquiMax Loan is specifically structured around retaining vehicle possession. It offers fixed repayments, online applications and no monthly account-keeping fee, subject to credit assessment and eligibility. Another loan type may be more suitable if you do not want to offer vehicle security or need a different borrowing amount.
The EquiMax Loan has a fixed interest rate of 47% p.a. Rates and fees apply. The stated upfront fees total $416, comprising a $400 establishment fee, $2 PPSR check fee, $6 PPSR registration fee and $8 credit check fee; there is no application fee, monthly account-keeping fee or early payout fee. A comparison rate of 65.61% p.a. is based on a $2,500 loan over 24 months.
Under the EquiMax Loan description, you keep driving your approved vehicle as normal while it secures the loan. AutoSwift Finance registers a PPSR security interest, and the vehicle must generally be registered in your name, comprehensively insured, unencumbered and not written off. This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The application is completed online and generally requires identification, income evidence and vehicle documents. Most decisions are made the same day for complete submissions, and funds may be sent by PayID, often within minutes of contract signing, or by EFT on the next business day. Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.
An unsecured personal loan does not register a security interest over your vehicle, although it may have different eligibility rules, terms and costs. Options described in the comparison include Nimble, Fundo, Flash Money and Fair Go Finance, but approval and suitability depend on each provider's criteria. AutoSwift Finance currently offers the EquiMax Loan. For information about other products or services, please contact us at cs@autoswift.com.au or call 1300 894 686.
Review your eligibility, understand the costs and apply online for the EquiMax Loan.
All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (ACL 537359).