products and services

Use your car as security and keep use of it!

Self-employed people, tradesmen and investors often need quick access to short-term cash to purchase materials, pay bills or take advantage of opportunities.

Commerce Credit's unique vehicle-secured line of credit is simple to establish and convenient to use. Cash can be yours in 40 minutes.

If you own a registered vehicle (car, boat, caravan, truck etc.) with no money owing against it, we can lend up to 80% of its wholesale value, no fuss. All we need to do is see you and the vehicle with the following documents and you can leave with cash:

• Photo ID
• Registration papers
• Proof of residence (rates notice or rental agreement)
• Two bills in your name to your home address
• 3 months bank statement (your every day account)
• Proof of income and / or exit strategy

The rates of interest vary according to risk and can only be assessed at application.

Key benefits:

• Interest is only charged when the loan is drawn down
• No application fees
• No account servicing fees
• No credit checks*
• No early repayment penalties
• You can borrow and repay as often as you like
• Cash same day as application

Apply on-line or call for an immediate answer and a free quote

*Conditions Apply