Access short-term cash flow support through a secured EquiMax Loan, apply online and keep using your registered vehicle throughout the loan term.
All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (Australian Credit Licence 537359).
A loan against your car uses an approved vehicle registered in your name as security for borrowing. AutoSwift Finance offers the EquiMax Loan online across Melbourne and Australia, so you can apply without visiting a branch. You retain full use and possession of your vehicle while making fixed scheduled repayments.
If you are researching car-secured loan options, check the security requirements, repayment structure, fees and suitability criteria before applying.
Your car, ute or van must generally be registered in your name, unencumbered, not written off or stolen, and covered by comprehensive insurance. Vehicles are assessed individually rather than against a universal age or kilometre cut-off.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
AutoSwift Finance registers a security interest on the Personal Property Securities Register while you retain full use and possession of your vehicle. Read more about keeping your car while borrowing before deciding whether this structure suits your needs.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The EquiMax Loan may help with vehicle repairs, tyres, registration, insurance excesses, medical or dental expenses, home repairs, rent, utilities, work tools, equipment or training fees. It is not designed for ongoing or revolving credit needs, debt consolidation, or repayments on another credit facility.
For vehicle costs, you can also review information about car repairs and vehicle expenses.
Applications, digital document submission, electronic signing and servicing are completed online. You need an Australian residential address, phone number and email address, and may start through the website, WhatsApp or by phone.
Begin with the online loan application process when you have your identification, income and vehicle documents available.
The EquiMax Loan is structured for eligible Australians who need a defined, short-term borrowing arrangement and can demonstrate capacity to repay without substantial hardship.
Borrow between $2,100 and $5,000, subject to credit assessment and eligibility criteria.
Choose weekly, fortnightly or monthly repayments to align with your pay cycle.
Make additional repayments at your discretion, subject to contract terms.
Keep full use and possession of your vehicle throughout the fixed 12 month repayment term.
Manage the application and loan digitally without needing to attend a Melbourne branch.
Receive funds by PayID, often within minutes of disbursement, or by EFT on the next business day.
The online process is designed to move from application to assessment, offer and funding in clear stages.
Complete the application and provide identification, income and vehicle documents.
What you see: A digital application and document upload steps.
AutoSwift Finance verifies identity, reviews affordability and assesses the proposed security.
What you see: A credit and eligibility assessment based on your information.
If approved, review the disclosed terms, sign electronically and select the available funding method.
What you see: Your offer, electronic documents and funding instructions.
Application timing
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.
| Loan amount | $2,100 to $5,000 |
|---|---|
| Standard term | Fixed 12 month repayment term |
| Interest rate | Fixed interest rate of 47% p.a. |
| Comparison rate | 65.61% p.a. based on a $2,500 loan over 24 months |
| Repayments | Weekly, fortnightly or monthly, with fixed scheduled amounts |
| Security | Registered vehicle or another approved asset, with a PPSR security interest |
| Funding | PayID or EFT |
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 |
The $416 fixed upfront fees are deducted from the amount borrowed at the start.
Based on a loan of $2,500 over 24 months, a borrower can expect to repay a total of $4,510.33. This includes $416 in fixed upfront fees and reflects a comparison rate of 65.61% p.a.
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.
Employed applicants may need photo identification, two or three payslips, vehicle registration papers and comprehensive insurance evidence. Self-employed applicants may need photo identification, invoices, contracts or tax returns, plus vehicle registration and insurance documents.
AutoSwift Finance may also request information about income, expenses, liabilities and repayment capacity.
EquiMax Loan amount range
Fixed repayment term
Application fee and monthly account-keeping fee
PayID funding availability once requirements are met
“Easy process good company to work with they look at you more personally rather than just automatic response.”
Repayments can be weekly, fortnightly or monthly to align with your pay cycle. Read more about repayment frequency choices.
Additional repayments are permitted at your discretion. Early payout is available subject to the terms of your contract.
Early payout is available subject to the terms of your contract.
Fixed scheduled repayments remain the same for the loan term, with fees and applicable charges disclosed in the contract.
Yes. AutoSwift Finance operates Australia-wide online, including Melbourne and wider Victoria, without claiming to have a physical Melbourne branch. You must meet the eligibility criteria and provide an approved vehicle or other approved asset as security. All applications are subject to credit assessment and eligibility criteria.
Yes. You retain full use and possession of your vehicle throughout the loan term when the loan is approved and documented. 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 EquiMax Loan amount is $2,100 to $5,000. The amount available to an individual applicant depends on credit assessment, eligibility criteria, repayment capacity and the approved security. Approval and loan amount are not guaranteed.
The 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. Fixed upfront fees total $416, 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.
The application is completed online and usually requires identification, income and vehicle information. 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.
The EquiMax Loan is not designed to meet arrears or repayments on another credit facility. Contact your current creditors early and ask about hardship support, or seek help from a free financial counsellor. You can also contact AutoSwift Finance on 1300 894 686 or at cs@autoswift.com.au about its hardship process.
Apply online for the EquiMax Loan and provide the information needed for an eligibility and affordability assessment.
All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (Australian Credit Licence 537359).
Loan against your car in Melbourne
Apply online, subject to eligibility and credit assessment.