The EquiMax Loan uses an approved vehicle as security, so eligible applicants can apply online for short-term cash flow support while continuing to use their car.
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-secured loan is borrowing supported by a registered vehicle or other approved asset. AutoSwift Finance registers a security interest on the Personal Property Securities Register while you keep full use and possession of the vehicle during the fixed 12 month repayment term. A low credit score does not decide the outcome by itself, but every application is assessed for income, expenses, existing liabilities, repayment conduct, security and overall affordability.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The EquiMax Loan is designed for a defined borrower profile. Reviewing the criteria, security requirements and fees before applying can help you decide whether this type of finance fits your circumstances.
The standard security is an unencumbered, comprehensively insured and registered vehicle in your name. Cars, utes and vans are assessed individually, and the vehicle must not be written off or stolen.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
AutoSwift Finance does not offer no-credit-check loans. You need verifiable income and the capacity to make repayments without substantial hardship. Applications are considered individually rather than by credit score alone.
Review loan eligibilityEmployed applicants may need photo identification, two or three payslips, vehicle registration papers, comprehensive insurance evidence and information about income, expenses and liabilities. Self-employed applicants may instead provide invoices, contracts or tax returns.
The fixed interest rate is 47% p.a. The comparison rate is 65.61% p.a. based on a $2,500 loan over 24 months. The fixed upfront fees total $416 and are deducted from the amount borrowed at the start.
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Understand loan costsBorrow between $2,100 and $5,000 for a lawful, short-term cash flow need.
Choose weekly, fortnightly or monthly repayments to align with your pay cycle.
Keep full use and possession of your vehicle throughout the loan term while meeting your obligations.
Manage the application and loan digitally through an online process.
Make additional repayments at your discretion, subject to the contract.
Pay no monthly account-keeping fee, with fees itemised upfront.
Complete the online application and provide your personal, income and vehicle details.
What you see: A digital application form.
Upload identification, income evidence, vehicle information and any other requested documents.
What you see: A document upload and assessment process.
If approved, review and electronically sign the offer before funds are sent by PayID or EFT.
What you see: Disclosed terms followed by funding.
Most decisions are made the same business day for complete submissions. Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.
See the online application processEarly 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
EquiMax Loan amount range
Fixed repayment term
Total fixed upfront fees
Australian Credit Licence
Koala Enterprises Pty Ltd operates nationally online as AutoSwift Finance. AFCA membership number: 87780.
Explore the EquiMax LoanThe EquiMax Loan has a fixed interest rate of 47% p.a. The comparison rate is 65.61% p.a. based on a $2,500 loan over 24 months. The standard EquiMax Loan term is fixed at 12 months, so repayment outcomes vary according to the amount borrowed and the contract.
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
| 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 |
Total repayment on a $2,500 loan over 24 months.
Includes $416 in fixed upfront fees, which are deducted from the amount borrowed at the start.
The comparison rate for this example is 65.61% p.a.
Warning: 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.
You can apply, but AutoSwift Finance does not offer “bad credit OK” or no-credit-check loans. A credit assessment considers your income, expenses, liabilities, recent repayment conduct, vehicle security and overall affordability. Approval is not guaranteed, and you must show that the repayments can be made without substantial hardship.
The standard security is a vehicle registered in your name, with no existing finance and comprehensive insurance. It must not be written off or stolen. Cars, utes and vans are assessed individually, and AutoSwift Finance does not publish universal vehicle-age or kilometre cut-offs.
Yes, you retain full use and possession of the vehicle throughout the loan term while meeting your repayment obligations. AutoSwift Finance registers a security interest on the Personal Property Securities Register. This is a secured loan, so the vehicle may be repossessed if you fail to meet your obligations.
The fixed interest rate is 47% p.a., and the comparison rate is 65.61% p.a. based on a $2,500 loan over 24 months. Fixed upfront fees total $416, while the application fee and monthly account-keeping fee are $0. A dishonoured payment fee of $35 or reschedule fee of $25 may apply in the circumstances set out in 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, but the time required can vary with the information and documents requested. If approved and requirements are met, funding may be sent through PayID, often within minutes of disbursement, or by EFT on the next business day. Application processing times may vary, and approval is not guaranteed and is subject to credit assessment.
The EquiMax Loan is not designed for meeting arrears or repayments on another credit facility. If existing debt is causing difficulty, contact your current creditors, request hardship support or speak with a free financial counsellor. AutoSwift Finance can be contacted on 1300 894 686 or at cs@autoswift.com.au about its hardship process.
If you have an approved vehicle, verifiable income and a defined short-term need, you can submit an application for assessment.
Ready to review your options?
Applications are subject to credit assessment and eligibility criteria.