MOTOR SCOUT BUSINESS VEHICLE LOAN

General Lending Rates

Product Features

• Digital Banking Additional Information: SCCU NetBanking

Product Eligibility

• Residency Status - Y. Additional Information: Must be an Australian resident

• Min Age - 18.

• Other Additional Information: Capacity to repay the loan

• Other Additional Information: For Purchase of a vehicle for commercial purpose

• Natural Person Additional Information: Sole Traders

• Other Additional Information: Available to new business introduced by Motor Scout Australia

• Business

Bank Fees and Charges

• Personal Loan Security Variation (Event), Amount: 150.00. Additional Information: When there is a variation made to the security used for an existing loan agreement. For example you change the vehicle which secures your loan.

• Direct Debit Dishonour (Event), Amount: 15.00. Additional Information: Charged if your direct debit payment is dishonoured due to insufficient funds

• Redraw In Branch (Transaction), Amount: 25.00. Additional Information: Charged if you access advance payment on your loan in-branch. Redraw available while on VARIABLE rates only

• Mthly Personal Loan Fee (Periodic), Amount: 8.00. Additional Information: Flat Monthly Fee of $8 for personal or vehicle loans.

• Loan Variation (Event), Amount: 150.00. Additional Information: When there is a variation made to the terms of an existing loan agreement. For example principal reduction, change to loan term.

• Origination Fee (Upfront), Amount: 990.00.

• Business Loan Establishment Fee (Upfront), Amount: 375.00.

 Limitations & Restrictions (Constraints)

• Min Limit of 20000.00

• Max Limit of 150000.00