Secured Car Loans Melbourne: Vehicle Security

Access cash from $2,100 to $5,000 secured by your registered vehicle while you keep driving.

Fast, simple and transparent lending for everyday Australians.

All applications are subject to credit assessment and eligibility criteria. AutoSwift Finance is operated by Koala Enterprises Pty Ltd (ACL 537359).

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Keep Your Car 5-Min Application Fixed 12-Month Term

Calculate Your Repayments

Loan Amount $3,500

Loan Term: 12 months

$95

Estimated Repayment

weekly

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Repayment amounts shown are estimates only, based on stated assumptions. Your actual repayments will depend on your loan amount, term, and individual circumstances.

What Is the EquiMax Loan?

The EquiMax Loan by AutoSwift Finance is a secured Medium-Amount Credit Contract (MACC) designed for eligible Australians who need quick access to cash without losing access to their vehicle. By using your registered, unencumbered car, ute, or van as security, you can borrow between $2,100 and $5,000. This product serves as a practical alternative to mainstream lending, offering a fixed interest rate of 47% p.a. and a structured 12-month repayment term, allowing you to manage short-term cash flow needs with absolute clarity.

How Melbourne Drivers Use Vehicle Security

Covering Urgent Car Repairs

Keep your vehicle roadworthy and safe. Melbourne commuters rely on their cars daily, making sudden mechanical breakdowns a major disruption. A secured car loan in Melbourne helps cover immediate repair bills so you stay on the road.

Managing Registration & Insurance Excess

Avoid heavy fines or driving uninsured. When annual registration fees or unexpected insurance excesses fall due at the worst possible time, utilizing car secured loans in Melbourne provides a structured way to spread the cost over 12 months.

What You Get (Key Benefits)

Retain full use of your vehicle

Drive your car to work, school, and daily activities as normal throughout the entire 12-month loan term.

Enjoy flexible repayment schedules

Align your repayments with your income cycle by choosing weekly, fortnightly, or monthly options.

Experience transparent fixed pricing

Benefit from a fixed interest rate of 47% p.a. with absolutely no ongoing monthly account-keeping fees.

Receive rapid digital funding

Get approved quickly with funds sent via PayID, available 7 days a week once all requirements are met.

Pay out early with zero penalties

Make additional repayments or pay off your loan early at your discretion with no early payout fees.

How It Works

Step 1

Apply Online in 5 Minutes

Complete our mobile-friendly application form and provide details about your registered vehicle.

What you see: A simple, secure digital form requesting basic ID and vehicle details.

Step 2

Fast Credit Assessment

We perform a data-driven assessment to ensure the loan is affordable and does not cause hardship.

What you see: Real-time updates as our team reviews your submission on the same business day.

Step 3

Instant PayID Funding

Once approved and the contract is signed, funds are transferred directly to your account via PayID.

What you see: A confirmation screen followed by immediate access to your funds.

EquiMax Loan Features

Core Workflow Features

100% online application via mobile or desktop
Digital document upload for registration and insurance
Automated bank statement verification
Real-time application status tracking
Direct communication options via WhatsApp

Reliability & Control

Fixed interest rate of 47% p.a. that never changes
No ongoing monthly account-keeping fees
Secure registration of collateral on the national PPSR
Full compliance under Australian Credit Licence 537359
Clear upfront fee disclosure with no hidden surprises

Integrations & Funding

PayID integration for near-instant transfers
EFT fallback options for standard bank accounts
Automated direct debit setup for seamless repayments
Digital contract signing via secure SMS/Email links
7-day funding availability once requirements are met

Real Results & Feedback

100% Digital: No physical paperwork or branch visits required to secure your loan.
Same-Day Decisions: Most complete applications receive an outcome on the same business day.
Regulated Lending: Fully compliant with the National Consumer Credit Protection Act.

"Easy process good company to work with they look at you more personally rather than just automatic response."

L Groom

Verified Customer

Why Choose AutoSwift Finance?

Feature / Dimension	AutoSwift Finance (EquiMax Loan)	Typical Mainstream Lender	Traditional Pawnbroker
Keep Your Vehicle?	Yes, drive as normal	Yes, but strict criteria	No, vehicle is held in storage
Funding Speed	7 days a week via PayID	Business days only (2-5 days)	Immediate, but high friction
Monthly Account Fees	$0	Often $5 - $15 monthly	Varies, often hidden storage fees
Early Payout Fees	$0	Can be substantial	Varies by contract
Regulatory Protection	Australian Credit Licence 537359	Licensed	State-based pawnbroking laws

This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed.

Credentials & Key Stats

$2,100 - $5,000

Loan Range Available

12 Months

Fixed Repayment Term

47% p.a.

Fixed Interest Rate

KOALA ENTERPRISES PTY LTD (ABN 19 655 850 409) holds Australian Credit Licence 537359.

Comparison rate 65.61% p.a. based on a $2,500 loan over 24 months. Fixed interest rate of 47% p.a. Rates and fees apply. Refer to our Terms and Conditions for full details.

Frequently Asked Questions

Which company is the best for secured car loans in Melbourne?

AutoSwift Finance is widely regarded as one of the premier choices for secured car loans in Melbourne. With our EquiMax Loan, we offer a highly transparent, fully digital application process, fixed rates, and the unique benefit of letting you keep and drive your vehicle throughout the loan term.

What are the requirements for the vehicle security?

To qualify for an EquiMax Loan, your vehicle (car, ute, or van) must be registered in your name, completely unencumbered (no existing finance), not written off, and covered by comprehensive insurance.

How long does the application and approval process take?

Our online application takes about 5 minutes to complete. Most credit decisions are made on the same business day for complete submissions. Application processing times may vary. Approval is not guaranteed and is subject to credit assessment.

What fees are associated with the EquiMax Loan?

We charge a fixed upfront establishment fee of $400, a credit check fee of $8, a PPSR check fee of $2, and a PPSR registration fee of $6. These upfront fees total $416 and are deducted from your loan amount. There are no monthly account-keeping fees and no early payout fees.

What happens if I cannot make my repayments?

This is a secured loan. If you fail to meet your repayment obligations, your secured asset may be repossessed. We encourage any customer experiencing financial difficulty to contact our support team immediately to discuss hardship options.

Can I pay off my loan early?

Yes. Early payout is available subject to the terms of your contract. AutoSwift Finance does not charge any early payout or exit fees, allowing you to save on interest if you choose to settle your balance ahead of schedule.