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Firstmac - Keep it Simple

Firstmac is Australia’s largest family‑owned non‑bank lender with 40+ years of experience. Offering a broad suite of car loans, personal loans, and asset/green finance, Firstmac is well‑regarded for its fair lending approach and competitive rates .Through Ausloans, you get access to Firstmac’s versatile lending options alongside 70+ lenders via one streamlined application.

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Firstmac Car Loans

Firstmac Graphic

Pepper Money car loans are designed for drivers buying new, used, dealer, or private sale vehicles. They also consider applications from customers with non-standard credit profiles, making them a strong option for those who’ve faced challenges with mainstream banks. Whether you’re looking for flexible terms, balloon payments, or financing for an EV, Pepper Money has solutions to suit.

6.09%

Car Loan Rate

Pepper Money offers car loans from 6.09%. This may vary according to your credit profile and age of car. 

3 -7 Years

Loan Term

Choose between a 3 - 7 year loan term.

$150,000

Loan amounts

Up to $150,000, including 100% funding with $0 deposit

Repayment features:

Firstmac offers both fixed and variable rates. Choose whichever suits your budget and lifestyle.

Redraw available on variable rate car loans.  

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Firstmac Car Loan

Types of cars able to be financed with a Firstmac car loan:

499Fees:

  • Establishment Fee (Dealer): $499
  • Establishment Fee (Private Sale): $599
  • Account Keeping Fee: $8 per month
  • Origination Fee: $990

Features of this loan

Consider the following features before applying for this loan:

  • Secured finance – The vehicle is used as collateral against the loan.
  • Flexible terms – Choose a repayment period anywhere from3 years up to 7 years.
  • Borrowing range – Access loan amounts starting from $5,000, with a maximum of $150,000 available.
  • Fast approval and funding – Once approved, the money could be in your account within 24 to 48 hours.
  • Convenient repayments – Stay on top of your loan with weekly or fortnightly instalments.
  • Personalised rate.– Check your personalised interest rate in just two minutes, before you commit to applying.

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Firstmac Loan Features & Benefits

Firstmac is one of Australia’s largest non-bank lenders, offering straightforward personal loans and asset finance for vehicles, equipment, and lifestyle goods without the rigid processes of traditional banks. Known for competitive rates, fast online approvals, and clear lending criteria, Firstmac supports a wide range of applicants — from everyday consumers to ABN holders needing business-use assets. Their focus on simplicity, digital processing, and fair assessment makes them a strong alternative for customers seeking flexible finance solutions outside the major bank system.

Fixed or Variable Rates

Choose between fixed or variable rate to suit your personal finances.

Green Discount

Rate and some fee discounts available for EV and Hybrid cars.

Refinance available

Restructure your repayments with a Firstmac car loan refinance.

Flexible Terms

Available across credit profiles, including EV and private sale buyers.

Balloon Payment Available

Reduce your regular repayments with optional balloon payments at end of loan

Pros & Cons of Choosing Firstmac

Pros
Cons
Choose between fixed or variable interest rates to suit your budget.
Not designed for applicants with heavy credit impairment, defaults, or recent arrears.
Fast decisions—often within 1–2 days
Asset restrictions can limit older or high-km vehicles depending on age and condition.
Discounted rates for eco loans. Includes EV, BEV, HEV & PHEV cars.
No low-doc or no-doc options for consumers or businesses.
Over 45 years of experience and strong market reputation.

FAQs About Firstmac Loans

Are Firstmac loans suitable for bad credit?
Generally no — they prefer applicants with stable credit.

Firstmac generally prefers borrowers with a stable credit history and clear repayment conduct. While they’re more flexible than some banks, they are not positioned as a bad-credit lender. Applicants with major defaults, arrears, or recent credit issues may find other lenders more accommodating. Firstmac works best for customers who meet standard lending criteria and want transparent, well-priced finance.

How do Firstmac’s loans compare to banks?
They’re typically faster, simpler, and more flexible for personal and asset finance.

It depends on what you value. Firstmac often provides a quicker, more digital experience than traditional banks, with simple income verification, fast approvals, and competitive fixed rates. Banks tend to have slower processes and stricter requirements, whereas Firstmac focuses on accessible finance solutions for vehicles, equipment, and personal loan purposes. If speed and flexibility matter, Firstmac can be a strong alternative.

Does applying with Firstmac affect my credit score?
Not with an Ausloans pre-check — your credit is only impacted if you proceed to a full submission with the lender.

Not with an Ausloans pre-check. Your credit score isn’t impacted during the initial assessment — it’s only affected once you decide to proceed and your Ausloans broker completes a full submission to the selected lender, which may include Firstmac.

Does Firstmac offer both personal and asset finance?
No—using Pepper’s “Get My Rate” tool won’t affect your credit score.

Yes. Firstmac provides unsecured personal loans and secured asset finance for a broad range of vehicles and equipment, supporting both consumers and ABN holders. Whether you’re purchasing a car, financing a 4WD for work, or consolidating debts through a personal loan, Firstmac offers digital applications, competitive fixed rates, and flexible loan terms to suit a wide range of borrowing needs.

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Firstmac Loan Eligibility

To be considered for a Firstmac loan, you’ll need to meet the following requirements:

  • Be an Australian citizen or hold permanent residency.

  • Be at least 18 years of age.

  • Currently employed and not serving a probationary period.

  • Have a clean record with no unpaid defaults or history of bankruptcy.

  • Provide valid identification (such as a current Australian Passport or Driver Licence).

What you’ll need to provide

When applying, you’ll be asked to supply supporting documents, including:

    • Recent payslips to confirm your income.

    • Bank statements to verify your financial position.

    • Commercial applicants will need to provide BAS statements or a NOA.

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Get Pre-approved with Firstmac & Ausloans today!
No credit score impact
Get Pre-approved!

Apply for a Firstmac Car Loan via Ausloans

Get access to Firstmac loans — plus 70+ other Australian lenders — with just one application through Ausloans. Our AI-powered platform matches your profile with lenders most likely to approve you, saving time and finding your best rate without impacting your. credit score. 

Car Loans

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Personal Loans

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Commercial Loans

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Compare Firstmac with Other Lenders

Explore how Firstmac stacks up against other lenders on our panel. With Ausloans, you can compare rates and features across 70+ lenders in one application.

Get access to Pepper Money loans — plus 70+ other Australian lenders — with just one application through Ausloans. Our AI-powered platform matches your profile with lenders most likely to approve you, saving time and finding your best rate.

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