Vehicle repairs and costs
Funds may help with repair bills, tyres, registration or an insurance excess when your vehicle is important to work and daily life.
Explore vehicle repair finance options.
What Is an EquiMax Loan? (Quick Definition)
An EquiMax Loan is a secured medium-amount credit contract for eligible Australians who need short-term cash flow support. You can apply online to borrow between $2,100 and $5,000 against a registered vehicle or another approved asset, while keeping full use and possession of your car throughout the loan term.
The product is designed for lawful needs such as vehicle repairs, registration, medical expenses, household bills or work equipment. It is not designed for ongoing revolving credit, debt consolidation or meeting repayments on another credit facility.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
If you are researching car-secured loans on the Gold Coast, the key point is that AutoSwift Finance operates Australia-wide online and does not imply that it has a Gold Coast branch.
Ways Gold Coast Applicants May Use the Loan
The EquiMax Loan is intended for specific, lawful short-term cash flow needs. Every application is assessed individually.
Medical and dental expenses
The loan can be considered for unexpected medical or dental bills, subject to affordability assessment and the product’s eligibility criteria.
Read about emergency expenses on the Gold Coast.
Household bills and repairs
Examples include rent, bond, utilities, home repairs and temporary living-expense cash flow gaps. The loan must be used for a lawful purpose.
Consider short-term household cash flow information.
Work tools and essentials
Eligible applicants may seek funds for work equipment, tools, electronics or training fees where the expense supports their work needs.
See information about work equipment funding.
What You Get
Keep driving your vehicle with full use and possession during the loan term.
Choose weekly, fortnightly or monthly repayments to align with your pay cycle.
Review fixed scheduled repayments over a fixed 12 month term.
Apply online from your phone or computer without visiting a branch.
See itemised fees and charges before accepting an offer.
Make additional repayments at your discretion, subject to contract terms.
How It Works
Step 1
Apply online
Complete the online form from your phone or computer and provide the requested information.
What you see: A digital application form.
Step 2
Complete assessment
AutoSwift Finance verifies your identity, checks affordability and reviews your vehicle and documents.
What you see: An assessment and digital updates.
Step 3
Review and receive funds
If approved, review and sign the offer electronically, then receive funds by PayID or EFT.
What you see: Your offer and digital loan management.
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.
Features (Grouped)
Core workflow features
- 100% online application
- Digital document signing
- Online loan management
- PayID or EFT funding
- Assessment of income, expenses and liabilities
Reliability & control
- Fixed 12 month repayment term
- Fixed scheduled repayment amount
- Weekly, fortnightly or monthly frequency
- Additional repayments permitted
- Security interest registered on the PPSR
Integrations & export
- Phone and computer access
- PayID payment delivery
- EFT payment delivery
- Email and SMS customer updates
- Phone, email and WhatsApp support
Proof
- Borrow from $2,100 to $5,000, subject to credit assessment.
- Keep full use and possession of your approved vehicle during the loan term.
- Apply online and manage the loan digitally throughout the term.
- Choose repayment timing that aligns with your pay cycle.
“Easy process good company to work with they look at you more personally rather than just automatic response.”
Comparison: Which Borrowing Structure Fits?
This comparison focuses on product structure rather than ranking other lenders. The right option depends on your circumstances, security available and repayment capacity.
| Consideration | EquiMax Loan | Generic unsecured lending | Vehicle pawnbroking |
|---|---|---|---|
| Security | Registered vehicle or approved asset, with PPSR interest | Security structure varies by provider | Vehicle is generally surrendered and held |
| Vehicle possession | You keep using your vehicle | Depends on product structure | The vehicle is held during the arrangement |
| Repayment structure | Fixed 12 month term and scheduled repayments | Depends on the lender and contract | Depends on the pawnbroking agreement |
| Application | Online application and digital servicing | Application process varies | Usually requires vehicle handover |
For an eligible Gold Coast applicant who owns an approved vehicle and needs to keep driving it, AutoSwift Finance places the EquiMax Loan first in this product-structure comparison because it combines vehicle security with continued possession. Another product type may suit someone who cannot provide acceptable security or does not want a fixed 12 month secured arrangement.
You can also read about car pawn loan alternatives that let you keep your car before deciding which structure to explore.
Credentials & Key Stats
$2,100–$5,000
Loan amount range
12 months
Fixed repayment term
47% p.a.
Fixed interest rate
$416
Total fixed upfront fees
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. A representative example of $2,500 over 24 months has a total repayment of $4,510.33 and includes $416 in fixed upfront fees. 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.
ABN 19 655 850 409
Australian Credit Licence 537359
AFCA membership 87780
FAQs
Is an EquiMax Loan suitable for someone on the Gold Coast?
It may suit an eligible Australian applicant who has an approved vehicle or asset, verifiable income and capacity to make repayments without substantial hardship. AutoSwift Finance operates Australia-wide online, so Gold Coast applicants can apply without visiting a local branch. Every application is subject to credit assessment and eligibility criteria.
Can I keep driving my car after applying?
Yes, you retain full use and possession of your vehicle throughout the loan term if the application is approved and the contract proceeds. AutoSwift Finance registers a security interest on the PPSR rather than taking day-to-day possession of the vehicle. This is a secured loan, and the secured asset may be repossessed if repayment obligations are not met.
What documents and vehicle details are needed?
You will generally need government-issued photo identification, income evidence and information about your expenses, liabilities and repayment capacity. Vehicle documents may include registration papers or a log book, together with proof of comprehensive insurance. The vehicle generally needs to be registered in your name, unencumbered, not written off and not stolen, subject to assessment.
How quickly can an application be assessed?
Most decisions are made the same business day for complete submissions. Funds may be sent by PayID, often within minutes of disbursement, or by EFT on the next business day. Application processing times may vary, and approval is not guaranteed because every application is subject to credit assessment.
What does the EquiMax Loan cost?
The product has a fixed interest rate of 47% p.a., a $400 establishment fee, $2 PPSR Check fee, $6 PPSR Registration fee and $8 Credit Check fee. These fixed upfront fees total $416 and are deducted from the amount borrowed at the start. There is a $0 application fee, $0 monthly account-keeping fee and $0 early payout fee, while a $35 dishonoured payment fee may apply if a scheduled payment is missed or returned.
Can I repay the loan early?
Additional repayments are permitted at your discretion, subject to the contract. Early payout is available at any time and the early payout fee is $0. Early payout is available subject to the terms of your contract, so review the documents before making a decision.
Explore an online car-secured loan for your Gold Coast cash flow need
Apply online and review your options subject to eligibility and credit assessment.