What Is the EquiMax Loan? (Quick Definition)
The EquiMax Loan is a secured medium-amount credit contract for eligible Australians who need short-term cash flow support. You apply online and offer your registered vehicle, or another approved asset, as security for borrowing between $2,100 and $5,000. You keep using your vehicle throughout the fixed 12 month repayment term, provided you meet your contractual obligations.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
Use your car as security
The standard security requirement is an unencumbered, registered and comprehensively insured vehicle in your name. It must not be written off or stolen, and it is assessed as part of the application.
car-secured finance optionsApply online from Sydney
AutoSwift Finance operates Australia-wide online rather than from a Sydney branch. Applications are available 24/7, with digital servicing and customer updates by email and SMS.
online car loan applicationChoose a repayment schedule
Repayments are fixed and can be scheduled weekly, fortnightly or monthly to align with your pay cycle. The standard loan term is fixed at 12 months, subject to the contract.
fixed car loan repaymentsPlan for short-term needs
The loan may be used for lawful short-term needs such as car repairs, registration, insurance excesses, medical or dental bills, utilities, home repairs, work tools and temporary cash flow gaps.
short-term car financeWhat You Get (Key Benefits)
Borrow $2,100–$5,000 for an approved lawful, short-term cash flow need.
Keep driving your vehicle while it remains approved security for the loan.
Organise fixed repayments weekly, fortnightly or monthly over a fixed 12 month term.
Manage the application online with digital document submission and servicing.
Review itemised fees upfront before deciding whether the loan suits your circumstances.
Make additional repayments at your discretion, with early payout available subject to contract terms.
How It Works
Step 1
Apply online
Complete the application and provide identification, income and vehicle details.
What you see: A digital application form.
Step 2
Complete assessment
AutoSwift Finance verifies your information, reviews affordability and assesses the security.
What you see: Updates by email and SMS.
Step 3
Review and receive funds
If approved, review the disclosed offer, e-sign the contract and receive funds by PayID or EFT.
What you see: A clear digital offer and contract.
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 submission
- Online customer servicing
- Electronic signing when approved
- Email and SMS application updates
Reliability & control
- Fixed interest rate of 47% p.a.
- Fixed scheduled repayments
- Weekly, fortnightly or monthly frequency
- No monthly account-keeping fee
- Itemised upfront fee schedule
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Integrations & export
- PayID funding option
- EFT funding option on the next business day
- Digital communication throughout the loan
- Online access from Sydney and across Australia
- Customer support by phone and email
Proof (Results / Social Proof)
- Borrowing is available from $2,100 to $5,000, subject to credit assessment and eligibility.
- The EquiMax Loan has a fixed 12 month repayment term and fixed scheduled repayments.
- PayID is available as a funding option, often within minutes of funds being disbursed, once requirements are met.
- The company operates under Koala Enterprises Pty Ltd and holds Australian Credit Licence 537359.
“Easy process good company to work with they look at you more personally rather than just automatic response.”
Customer feedback is reproduced as provided and may reflect an individual experience. It is not a guarantee of future outcomes.
Comparison (Why AutoSwift Finance vs Alternatives)
For an eligible Sydney applicant who already owns an approved vehicle and wants to keep using it, we believe the EquiMax Loan provides a clearly defined secured-finance pathway. Other credit products may suit people who do not have acceptable security or need a different structure.
| Consideration | AutoSwift Finance EquiMax Loan | Unsecured personal credit | Vehicle pawnbroking |
|---|---|---|---|
| Security | Registered vehicle or approved asset, with a PPSR security interest | Security requirements vary by provider | Vehicle is generally surrendered and held |
| Vehicle possession | You retain full use and possession throughout the loan term | Depends on the product because vehicle security is not the basis of the loan | The vehicle is held rather than used by the borrower |
| Repayment structure | Fixed 12 month term with weekly, fortnightly or monthly scheduled repayments | Varies by provider and contract | Varies by pawnbroking agreement |
| Application method | Online with digital servicing | Varies by provider | Varies by provider |
Credentials & Key Stats
EquiMax Loan amount range
Fixed repayment term
Application fee and monthly account-keeping fee
Australian Credit Licence
Fees and representative example
Fixed and potential fees
| Establishment fee | $400 |
| PPSR Check fee | $2 |
| PPSR Registration fee | $6 |
| Credit Check fee | $8 |
| Total fixed upfront fees | $416 |
| Dishonoured Payment Fee | $35 |
| Reschedule Fee | $25 |
| Early payout fee | $0 |
Representative example
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, which are deducted from the amount borrowed at the start.
The comparison rate is 65.61% p.a. based on a $2,500 loan over 24 months. 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.
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
FAQs
Is a loan against my car in Sydney suitable for me?
The EquiMax Loan may suit an eligible Australian resident who owns an approved registered vehicle and needs lawful, short-term cash flow support. You must be at least 18, have verifiable income and demonstrate that you can make repayments without substantial hardship. AutoSwift Finance assesses every application and will not proceed if the loan is unsuitable for your situation.
Can I keep driving my car after applying?
Yes, the EquiMax Loan is designed so you retain full use and possession of your vehicle throughout the loan term. Your vehicle is used as security through a PPSR security interest rather than being handed over for storage. This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
What documents do Sydney applicants need?
Employed applicants may need government-issued photo identification, typically two to three payslips, vehicle registration papers and proof of comprehensive insurance. Self-employed applicants may need identification, invoices, contracts or tax returns, as well as vehicle and insurance documents. AutoSwift Finance may request further information about income, expenses, liabilities and repayment capacity.
How quickly will my application be assessed?
Most decisions are made the same business day for complete submissions, but this is not a promise of approval or funding. The application includes identity, affordability, credit and security checks. Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.
What does the EquiMax Loan cost?
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, comprising the establishment, PPSR and credit check fees, 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 described in the contract.
Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.
Can I repay the loan early?
You can make additional repayments at your discretion and request early payout at any time. The early payout fee is $0, subject to the terms of your contract. Early payout is available subject to the terms of your contract.
Access Cash. Keep Your Car.
Start an online application for the EquiMax Loan and review your options subject to eligibility and credit assessment.