Max Finance Loans

Max Finance’s personal loan has borrowing amounts ranging from $1,600 up to $10,000. They also offer bond loans, short-term loans up to $5,000 and business loans. They have a pre-approval process in place, which takes roughly five minutes. Your interest rate will be determined based on various risk criteria, including your credit score. The rate and all fees and charges will be included in the contract.

What kind of loans does Max Finance offer?

• Fast Personal Loans. Max Finance offers pre-approval within five minutes and can have your loan amount in your account on the same business day. If you're an existing customer, borrowing again is easy with a quick five minute application form.
• Bond Loans. Need a loan to cover bond money? You can take be pre-approved for a loan up to $10,000 and pay it back over a period of up to twelve months. See the loan amount in your account on the same day if the loan is processed by noon.
• Short Term Loans. Financing is also offered for shorter terms. There is no penalty for early repayment of your loan, so you can still borrow up to $5,000 and repay the loan in the short term to save on interest.
• Business loans. If you're after business financing, Max Finance offers loans ranging from $3,000 to $30,000+. Pre-approval is offered in a matter of hours and can be accessed by both new and established businesses.

What features are offered with a Max Finance loan?

• Fast pre-approval. When you apply online you can be pre-approved for a loan within five minutes.
• No penalty for early repayments. If you're able to make additional repayments and pay out your loan early, you won't be charged to do so.
• Easy re-applying for existing borrowers. If you've taken out a loan with Max Finance, applying with them again is simple. You just need to fill out a five minute application form to update your details.
• Loan amounts. You can borrow between $1,600 and $10,000 to finance a range of needs.

Interest and repayments

When you apply for pre-approval, Max Finance will determine your interest rate based on various risk criteria. You will need to agree to this rate before the loan is completely approved.

Repayments can be made weekly, fortnightly or monthly and will be directed from your nominated bank account.

Are you eligible for a Max Finance loan?

In order to be eligible for a loan with Max Finance, you'll need to meet some criteria. If you don't meet the below criteria, you're able to submit a joint application with someone who does meet the criteria. To be approved, you'll need to:

• Own an asset. This needs to be a registered motor vehicle or real estate property. Either of these can be owned through finance (eg. a mortgage).
• Earn $500 per week after tax. You also cannot be on Newstart, Austudy or Youth Allowance.

Those with adverse credit histories are still able to apply.

Frequently asked questions