Secured commercial loan
Our Secured Commercial Loan provides you with the ability to buy a range of acceptable assets such as vehicles, equipment, yellow goods, or machinery to support your business. The asset is the security for the loan. You will have fixed monthly repayments and agreed loan terms.
Fees
| Fee | Type | Amount |
|---|---|---|
| Dishonour Fee May be payable each time the payment instruction is dishonoured. | Dishonour | $5.00 |
| Account Keeping Fee (monthly) Charged monthly · Monthly fee to cover the ongoing costs of managing the loan. | Ongoing | $8.90 |
| Late Payment Fee Payable each time the repayment is not made within five days of the repayment due date. | Late payment | $35.00 |
| Variation Fee Payable when a variation to the agreement is requested. | Variation | Variable |
| Asset Inspection Fee Payable when we require an asset inspection. | Event | Variable |
| PPSR Registration Fee Payable when Pepper Money’s security interest is registered on the Australian Government’s Personal Property Securities Register over the asset provided as security for the loan. | Upfront | $6.00 |
| Establishment Fee The establishment fee includes the cost of processing the application and the preparation of loan documentation. |
Features
- Available for purchase as new, demo, or used assets, with a maximum asset age of 20 years at the end of the term.
- Term: 1 to 7 years
- Extra repayments
- You can make additional repayments subject to the payment of an early termination charge if the loan is paid out before the end of the loan term. Additional repayments are not available to be redrawn.
- Interest rate is fixed for the life of the loan so you know what your repayments will be. The loan will not benefit from interest rate decreases.
- Digital banking
- Provides online access to the loan to borrowers.
- Purchase or refinance through a dealer or private seller (where applicable): Motor vehicles, Electric vehicles, Trailers, Motorcycles, All terrain vehicles, Caravans, Rigid trucks, Yellow goods, Earthmoving and agricultural equipment, Material handling equipment, Commercial equipment, Computers and office equipment (dealer only), Tertiary moveable equipment with a serial number (dealer only), Renewable energy (dealer only). No cash out permitted.
Eligibility
- Minimum age — 18 yearsMust be a minimum of 18 years of age at the time of application.
- Purpose of the loan. Loan is available to sole traders, partnerships, public and proprietary limited entities, Associations and Trusts for business purposes. Must hold an ABN and GST registration may be required.
- Meet Pepper Money’s credit assessment and eligibility criteria including having an acceptable credit rating.
- If a loan application is approved, the interest rate offered and fees and charges will depend on Pepper Money’s assessment of several factors at the time of application including the applicant’s credit history, income and financial position, the loan to value ratio (LVR), loan term and the nature of the security asset. A risk loading may apply.
- Payments must be made from an Australian bank account.
Constraints
- Minimum limit — $5,000.00
- Maximum limit — $300,000.00This is the maximum loan amount without a credit policy exception being approved. There are lower maximum limits for certain assets.
- Loan must be secured by an asset acceptable to Pepper Money.
- Loan is not available to individuals for personal use.
Published by Pepper Money under the Consumer Data Right · Last updated 9 July 2026 · Product ID PEP07080