Allcredit Automotive Finance - Select Chattel Mortgage
A commercial loan designed to help customers purchase a new or used asset for business use. The loan features a fixed interest rate and no deposit requirement.
- From
- 9.95%
- Fixed
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 7 years Fixed interest rate for a Chattel Mortgage on a 2, 3, 4, 5, 6 or 7 year term. | 9.95% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Establishment fee | Upfront | $595.00 |
| Introducer origination fee The origination fee will vary based on your introducer. | Upfront | $0.00 – $595.00 |
| Personal Property Securities Register (PPSR) fee Fee payable for each security to be registered as a security interest on the PPSR website. | Upfront | $6.00 |
| Security registration administration fee Fee payable for each security to be registered as a security interest on the PPSR website. | Upfront | $3.95 |
| Monthly repayment fee Charged monthly · Payable each time a monthly repayment is due. | Ongoing | $14.70 |
| Dishonour fee Payable each time a payment instruction is dishonoured. | Dishonour | $25.00 |
| Early Termination Fee Payable if the balance outstanding is repaid in full 6 months or more before the end of the loan term. The early termination fee is calculated as 5% of the balance outstanding up to a maximum of $1,000. |
Features
- Finance available for new and used assets including motor vehicles, caravans, camper trailers, motor homes, trailers or light commercial vehicles such as buses (up to 13 seats) and trucks (up to 7.5 tonnes). — New or used assets
- Available terms of 2, 3, 4, 5, 6 and 7 years. — Flexible loan terms
- Have the certainty of a fixed interest rate and repayment amount for the life of the loan. — Fixed interest rates and repayments
- Where available, additional finance inclusions such as comprehensive insurance and extended warranties may be included in the total amount financed, subject to credit criteria. — Additional finance inclusions
Eligibility
- Minimum age — 18 yearsAll applicants are required to be 18 years or over.
- Business customersThe asset must be used wholly or predominately for business use. You must hold a valid Australian Business Number (ABN).
- Residency status — Applicants must be an Australian or New Zealand citizen, or a permanent Australian resident, or hold an acceptable visa that is valid for the loan term. Applicants must reside in Australia.
- Applicants must hold a valid licence suitable for the asset being financed.
Constraints
- Minimum limit — $5,001.00Minimum loan amount for motor vehicles, caravans, camper trailers, motor homes, trailers and light commercial vehicles such as buses (up to 13 seats) and trucks (up to 7.5 tonnes).
- Maximum limit — $9,999.99Maximum loan amount for motor vehicles, caravans, camper trailers, motor homes, trailers and light commercial vehicles such as buses (up to 13 seats) and trucks (up to 7.5 tonnes).
Published by Allcredit Automotive Finance under the Consumer Data Right · Last updated 6 July 2026 · Product ID ef01da97-60b1-4469-9e27-0bdece0b6898