For any worthwhile purpose
Whether you’re considering a car, boat, motor cycle, plasma TV, home renovations, or a holiday – we’re here to help.
In fact, we’ll lend you money for almost any worthwhile purpose.
What’s more, we’ve made sure our fees and charges are very competitive indeed.
Up to $50,000 in under 6 hours when you apply in person at a B&E branch#
How’s this for service: drop into your branch before 11 am – and by 5 pm we could be handing you a cheque for any amount up to $50,000. Subject, of course, to normal credit assessment and approval conditions being met. Really, it doesn’t get much better than that. #Excludes applications made on-line.
The B&E difference
Unlike most other financial institutions, every B&E Branch Manager is also a lending specialist, and in some instances, authorised to approve personal loans. In fact, don’t be surprised if your loan gets approved on the spot. There’s no need to waste time with bureaucracy – just talk to us.
A loan tailored for you
A B&E personal loan can help you achieve your personal and lifestyle goals now whilst giving you the repayment flexibility you need. It may also make budgeting easier than utilising a credit card. Let us know how you want to pay off your loan – and if possible, we’ll tailor it precisely to your needs.
How to apply
When you’re ready to apply, you will need to provide your financial details and evidence of your income, plus details of your monthly expenses. But don’t worry – the application process is fairly simple, and we’re on hand to help. Naturally, your application will be subject to our normal credit assessment.
In person
To apply in person or simply to find out more information, visit your local branch or call 1300 306 716. To ensure there’s a lending specialist available when you visit a branch, we suggest you call to make an appointment beforehand.
Online 24/7
If you’re unable to visit one of our branches, you can apply online. It’s quick and easy, and you don’t even have to be an existing customer. Simply Click here
Our personal loans at a glance*
We offer two types
Secured
By Bill of Sale over a motor vehicle
By Residential Real Estate+
Or
Unsecured
Ask your Branch Manager about the difference.
Minimum Amount $3,000
Maximum amounts
$50,000 for Bill of Sale over vehicles up to 3 years old
$40,000 for Bill of Sale over vehicles more than 3 years old
$30,000 if unsecured
$100,000 for Mortgage over residential real estate – subject to loan to value ratio and borrower affordability requirements+
Term of Loan
Minimum 6 months.
Maximum 6 years for loans less than $10,000
Maximum 7 years for loans $10,000 or more
Maximum 10 years for loans secured by residential real estate
Repayment options
Weekly, fortnightly or monthly.
You can pay more than the minimum scheduled repayment and make lump sum payments at any time without penalty.
Interest rates
Discounted rates are available for vehicles up to 3 years old and for loan amounts over $10,000. For current rates, Click here
Interest calculation
Interest is calculated daily and charged monthly.
Fees
Application fee applicable.
Government fees and charges may apply@
Additional fees and charges may also apply@
Motor Vehicle
Insurance
Where the Personal Loan is secured by a Bill of Insurance Sale, comprehensive insurance is required for the term of the loan.
Loan Protection
Insurance
A great idea. By including a once-only premium in the total loan amount you can protect your loan repayments in the event of disability, involuntary unemployment or death.
*Terms and conditions, including fees and charges, apply. Full details including information on our personal loan interest rates are available on application.
+Available only to B&E home loan clients. Maximum total loan exposure is limited to 95% of valuation of residential real estate security.
@For loans secured by mortgage over residential real estate and/or a registered Bill of Sale over a motor vehicle, additional fees and charges may apply.