{
  "source": "https://public.cdr.plenti.com.au/cds-au/v1/banking/products/5f215042-9347-4877-9a80-67f67eb8f661",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "additionalInformation": {},
    "brand": "Plenti",
    "constraints": [
      {
        "additionalInfo": "Minimum loan amount $5,000",
        "additionalValue": "5000.00",
        "constraintType": "MIN_LIMIT"
      },
      {
        "additionalInfo": "Maximum loan amount $150,000 for motor vehicles and trucks up to and including 4.5t GVM",
        "additionalValue": "150000.00",
        "constraintType": "MAX_LIMIT"
      },
      {
        "additionalInfo": "Maximum loan amount $250,000 for trucks over 4.5t GVM. Eligibility criteria applies.",
        "additionalValue": "250000.00",
        "constraintType": "MAX_LIMIT"
      },
      {
        "additionalInfo": "Loan terms range from 2 years (P2Y) to 7 years (P7Y)",
        "constraintType": "OTHER"
      },
      {
        "additionalInfo": "Maximum eligible asset age at origination is 12 years",
        "constraintType": "OTHER"
      },
      {
        "additionalInfo": "At any point in time during the loan, the vehicle age cannot exceed 15 years.",
        "constraintType": "OTHER"
      },
      {
        "additionalInfo": "Must be submitted through a Plenti accredited introducer.",
        "constraintType": "OTHER"
      }
    ],
    "description": "A commercial asset finance product for business customers. Offers fixed repayments for the full loan term. Available for the purchase or refinancing of motor vehicles and commercial trucks via accredited brokers. Credit subject to approval.",
    "eligibility": [
      {
        "additionalInfo": "Business entities: sole traders, companies, unit trusts and discretionary trusts. Australian Business Number (ABN) required.",
        "eligibilityType": "BUSINESS"
      },
      {
        "additionalValue": "Australian-based business applicants and entities only",
        "eligibilityType": "RESIDENCY_STATUS"
      },
      {
        "additionalInfo": "Guarantor required for all company and trust entity applicants.",
        "eligibilityType": "OTHER"
      },
      {
        "additionalInfo": "ABN registration of at least 1 year and GST registration of at least 3 months required",
        "eligibilityType": "OTHER"
      },
      {
        "additionalInfo": "Vehicle not to be used for ridesharing or leasing",
        "eligibilityType": "OTHER"
      }
    ],
    "features": [
      {
        "additionalInfo": "Optional balloon at end of term (to a maximum limit determined by the selected loan term)",
        "featureType": "OTHER"
      },
      {
        "additionalInfo": "Early payout available at any time. Payout figure calculated as the net present value (NPV) of remaining scheduled repayments discounted at the contract rate minus 3%.",
        "featureType": "EXTRA_REPAYMENTS"
      },
      {
        "additionalInfo": "Low-doc application, no financials required",
        "featureType": "OTHER"
      }
    ],
    "fees": [
      {
        "additionalInfo": "Establishment/application fee payable on loan settlement",
        "currency": "AUD",
        "feeMethodUType": "fixedAmount",
        "feeType": "UPFRONT",
        "fixedAmount": {
          "amount": "500.00"
        },
        "name": "Credit Assistance Fee"
      },
      {
        "additionalInfo": "Also known as the monthly account management fee",
        "additionalValue": "P1M",
        "currency": "AUD",
        "feeMethodUType": "variable",
        "feeType": "PERIODIC",
        "name": "Account Management Fee",
        "variable": {
          "feeMaximum": "9.90",
          "feeMinimum": "4.95"
        }
      },
      {
        "additionalInfo": "Payable each time a customer asks to move a scheduled repayment to a later date and we agree to such a request. Plenti may agree to waive this fee.",
        "currency": "AUD",
        "feeMethodUType": "fixedAmount",
        "feeType": "VARIATION",
        "fixedAmount": {
          "amount": "30.00"
        },
        "name": "Variation Fee"
      },
      {
        "additionalInfo": "Administration fee payable at the time of account closure.",
        "currency": "AUD",
        "feeMethodUType": "fixedAmount",
        "feeType": "EXIT",
        "fixedAmount": {
          "amount": "200.00"
        },
        "name": "Discharge Fee"
      },
      {
        "additionalInfo": "Payable where a direct debit repayment is dishonoured.",
        "currency": "AUD",
        "feeMethodUType": "fixedAmount",
        "feeType": "DISHONOUR",
        "fixedAmount": {
          "amount": "25.00"
        },
        "name": "Direct debit dishonour fee"
      },
      {
        "additionalInfo": "A fee which is payable while the account is in arrears.",
        "additionalValue": "P1W",
        "currency": "AUD",
        "feeMethodUType": "fixedAmount",
        "feeType": "LATE_PAYMENT",
        "fixedAmount": {
          "amount": "15.00"
        },
        "name": "Arrears Fee"
      }
    ],
    "isTailored": false,
    "lastUpdated": "2026-07-10T03:42:12Z",
    "lendingRates": [
      {
        "additionalInfo": "Lowest rate available, depending on credit criteria and vehicle age. The actual rate offered may be higher and will be determined by the details provided during your application, including your broker details. Interest for the loan for the agreed loan term is accrued at the commencement of the loan and is repaid as part of the repayments and on payout of the loan. Option to pay monthly instalments in advance or in arrears.",
        "additionalValue": "P7Y",
        "applicationType": "PERIODIC",
        "interestPaymentDue": "IN_ADVANCE",
        "lendingRateType": "FIXED",
        "loanPurpose": "OTHER",
        "rate": "0.0764",
        "repaymentType": "PRINCIPAL_AND_INTEREST"
      },
      {
        "additionalValue": "P7Y",
        "applicabilityConditions": [
          {
            "additionalInfo": "Discount to standard rates where the vehicle is a new electric vehicles valued under $90,000",
            "rateApplicabilityType": "OTHER"
          }
        ],
        "applicationType": "PERIODIC",
        "lendingRateType": "DISCOUNT",
        "loanPurpose": "OTHER",
        "rate": "0.005",
        "repaymentType": "PRINCIPAL_AND_INTEREST"
      }
    ],
    "name": "Plenti Commercial Advantage Loan",
    "productCategory": "BUSINESS_LOANS",
    "productId": "5f215042-9347-4877-9a80-67f67eb8f661"
  }
}