Apply online for the EquiMax Loan with document requirements based on your circumstances, while keeping full use of your approved vehicle.
All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (Australian Credit Licence 537359).
A low-document car-secured loan is a secured medium-amount credit contract where the documents requested are based on your circumstances. It does not mean no documents, no credit assessment or automatic approval. AutoSwift Finance still verifies identity, income, expenses, liabilities, vehicle details and repayment capacity before making a decision.
The EquiMax Loan is secured against your registered vehicle or another approved asset, with a security interest registered on the PPSR. You retain full use and possession of your vehicle during the fixed 12 month repayment term.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
The information and documents required depend on your employment, income and financial circumstances. AutoSwift Finance assesses every application individually.
You may need a government-issued photo ID, typically the last two or three payslips, vehicle registration papers or a log book, proof of comprehensive vehicle insurance, and information about income, expenses and liabilities.
If further information is needed to verify affordability, AutoSwift Finance may request it before completing the assessment.
You may need a government-issued photo ID, invoices, contracts or tax returns, vehicle registration papers or a log book, and proof of comprehensive vehicle insurance.
Other information may be reasonably required to assess your income, expenses and ability to make repayments without substantial hardship. Read more about car-secured loans for self-employed Australians.
Apply online and manage your loan through digital servicing throughout the loan term.
Keep using your vehicle while the approved vehicle remains security for the loan.
Choose a repayment frequency of weekly, fortnightly or monthly to align with your pay cycle.
Plan around fixed scheduled repayments for the life of the contract, subject to its terms.
See fees itemised upfront, including the $416 total fixed upfront fees deducted from the amount borrowed at the start.
Make additional repayments at your discretion and request early payout subject to contract terms.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
Early payout is available subject to the terms of your contract.
Complete the application and provide the identity, income and vehicle information requested.
What you see: a digital application available 24/7.
AutoSwift Finance verifies your identity, reviews your income and expenses, checks affordability and conducts a credit assessment.
What you see: an individual review based on your circumstances.
If approved, review the offer, sign electronically and receive funds by PayID or EFT according to the available method.
What you see: clear contract terms before signing.
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.
| Feature | Details |
|---|---|
| Product | EquiMax Loan |
| Loan type | Secured Medium-Amount Credit Contract |
| Loan amount | $2,100 to $5,000 |
| Loan 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 |
| Repayment frequency | Weekly, fortnightly or monthly |
| Security | Registered vehicle or another approved asset, with a PPSR security interest registered |
| Vehicle possession | You retain full use and possession throughout the loan term |
| Application fee | $0 |
| Monthly account-keeping fee | $0 |
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. The comparison rate is true only for the example given and may not include all fees and charges.
$416 in fixed upfront fees is deducted from the amount borrowed at the start. A dishonoured payment fee applies only if a scheduled payment is missed or returned.
A vehicle will generally need to be registered in your name, unencumbered, comprehensively insured, not written off and not stolen. Cars, utes and vans may be considered, and vehicles are assessed individually.
This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.
EquiMax Loan amount range
Fixed repayment term
Application fee and monthly account-keeping fee
Online applications
“Great experience with AutoSwift. The team is professional, responsive, and truly knows their space. highly recommend!”
Nicole Z
The EquiMax Loan is designed for lawful, short-term cash flow needs. It is not designed for ongoing or revolving credit needs, debt consolidation, or meeting arrears or repayments on another credit facility.
If you are experiencing difficulty with existing debt, contact your current creditors, request hardship assistance or speak with a free financial counsellor. For a vehicle repair or unexpected expense, you can review car-secured options for urgent cash flow before deciding whether to apply.
You can also explore vehicle repair and registration finance or secured options for home repairs where those uses match your circumstances.
Low-doc means the documents requested may be more limited than a standard application, depending on your circumstances. It does not mean no documents, no credit check or automatic approval. AutoSwift Finance must still verify identity, income, expenses, liabilities, vehicle details and repayment capacity.
The EquiMax Loan amount range is $2,100 to $5,000. The amount offered depends on your application, approved security, income, expenses, liabilities and repayment capacity. All applications are subject to credit assessment and eligibility criteria.
Employed applicants may need photo ID, two or three payslips, vehicle registration information and proof of comprehensive insurance. Self-employed applicants may need photo ID, invoices, contracts or tax returns, as well as vehicle and insurance documents. The final request depends on what is reasonably needed to assess affordability.
Yes, you retain full use and possession of the vehicle throughout the loan term, provided you meet the contract requirements. The vehicle remains security and a security interest is registered on the PPSR. This is a secured loan, and if you fail to meet your repayment obligations, your secured asset may be repossessed.
The fixed interest rate is 47% p.a., and rates and fees apply. The comparison rate is 65.61% p.a. based on a $2,500 loan over 24 months. Fixed upfront fees total $416, including the $400 establishment fee, $2 PPSR Check fee, $6 PPSR Registration fee and $8 Credit Check fee, while the application fee and monthly account-keeping fee are $0.
You may 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.
Start an online application for the EquiMax Loan and provide the information needed for an individual assessment.