Lender Update

Azora are proud to be launching Biometrics, an add-on to their ID Matrix process, providing an all-in-one fraud protection solution to our Commercial Asset Finance business.

You can read more about it here.

Their super fast Accelerate approvals are designed for businesses with shorter trading histories starting at 6 months.

Who this is for:
- Serious business owners investing in essential assets (vehicles, equipment).
- Borrowers with a strong credit profile (600+ score) but limited trading history (6+ months ABN).
- Entrepreneurs expanding operations, not just testing a side hustle.

Who this is NOT for

- Hobby businesses with no clear growth plan.
- Businesses relying on unsecured loans or struggling with severe credit issues.
- Businesses not purchasing eligible assets (e.g., consumer goods, personal purchases).
- Applicants looking for a workaround for bad credit or rejections from other lender.

More information can be found here.

From April 1st, plug in hybrid vehicles (PHEVs) will no longer be considered zero or low emission vehicles for FBT exemption and will not qualify for the Green Discount and Metro will update their system accordingly - any existing approvals will reflect the standard rate

They are however pleased to continue supporting EVs with a 100 basis points discount which remains unchanged. This is the only change to the MetroEco product.

Starting 1 April 2025, Resimac are pleased to announce further rate reductions for Motor Vehicle and Primary Assets, designed to help you offer even more competitive deals to your customers.

These updates are part of our ongoing commitment to help you stay ahead and keep offering great value to your customers, especially as the season changes and we all start to warm up to new opportunities.



Electric vehicle rates from:

PremiumPLUS - 6.79%p.a.

Premium, Standard and Basic - 7.29%p.a.

Motor vehicle (0-3 years old) rates from

PremiumPLUS - 6.89%p.a.

Premium, Standard and Basic - 7.39%p.a.

Primary equipment rates from:

PremiumPLUS - 7.49%p.a.

Premium, Standard and Basic - 7.99%p.a.

The updated product guide is available to view here.