We reward your good credit history with even better rates. It means the loan you end up with has been personalised to you.
Our investment loans come with our market-leading Rate Promise. Borrow with confidence knowing you have the best deal for you.
We’ve won Canstar’s Outstanding Value Award five years running. We think that’s pretty outstanding.
Enjoy no monthly or early repayment fees on your loan. It’s just one we help you save and benefit from your investment sooner.
Australia’s best-rated personal loan.
Over 2292 borrowers have rated us 4.7/5 on ProductReview. Here’s what those happy customers have to say about borrowing with us.
Brendan , SA
Great interest rate! It has made me feel a lot better about paying off my loans, knowing how much I will have to pay each month and knowing when it will all be finished. Customers service was excellent.
Sam , QLD
When I came across Plenti everything was laid out in front, all the costs were clear. They explained every aspect of the loan from start to finish. All questions I had were answered fast and honestly.
Tracey , QLD
I am very satisfied with my experience. I found all persons I spoke with to be very professional and knowledgeable. The whole application process is efficient to a level that far surpasses any bank.
Chris , QLD
We have now dealt with Plenti several times. The ease of loan application, the prompt customer service, with excellent interest rates keeps us coming back. Plenti, a pleasure to deal with!
Jeff , NSW
Applying for this car loan was so easy, very simple uploading the documents if you have everything ready when starting. I did it in no time at all. Thank you so much for your help and emails updating me.
Apply for a investment loan in 3 simple steps
Get your rate
Discover your personalised interest rate in just 1 minute. It’s fast, simple and won’t have any impact on your credit score.
Apply in minutes
You can apply for a loan online in under 10 minutes. Make sure you have your driver’s license and bank details handy.
Enjoy your funds
We’ll review your application. Once your loan is approved and funded your funds may be with you the next business day.
You’ve got questions we’ve got answers.
What is an investment loan?
An investment loan is a form of unsecured personal loan that you can use when you need funds to make an investment. You can also use an investment loan to purchase equipment and resources you might need to undertake a creative project or start a small business.
You might have a great idea for a business or come across an opportunity to make an investment in an up-and-coming venture. Perhaps you’re hoping to make a purchase that will boost your productivity (like a laptop) or help you reduce costs over time (for example, you might wish to buy a more efficient air conditioner for your home office).
Borrowing to invest can carry risk. Using debt to purchase an investment can increase your returns if the value of the underlying investment increases, but losses can be significant when an investment loses value. Before you borrow to invest, you should read ASIC’s Moneysmart guide to borrowing to invest.
What can I use an investment loan for?
You can use an investment loan for:
- When you need funds to make an investment
- To purchase equipment and resources to undertake a creative project
- To start a small business
- Purchasing equipment to improve productivity such as a laptop, headset or production equipment
How much does an investment loan cost?
There are three key features that make up the cost of an investment loan. They are the:
- Interest rate (e.g. fixed or variable rate)
- Upfront fees (e.g. establishment fee)
- Ongoing fees (e.g. monthly fees, late payment fees, and other charges)
These costs can be combined to create a measure called a comparison rate. This blended rate represents the total cost of the loan over a standard term (e.g. $10,000 over 3 years). This makes it a useful tool for comparing loans on a like-for-like basis.
For an accurate estimate of the costs of your investment loan, we recommend completing a RateEstimate. We’ll provide you with a summary of your repayment amount and options across different loan terms. This makes it easy for you to compare personal loans and choose the right option for you.
At Plenti, we use risk-based pricing to set the overall cost of your investment loan. This means we look at a range of factors, including your credit history, to provide you with a personalised interest rate. The better your credit history, the better the rate we are able to offer. We also don’t charge any fees for early repayments. As a result, if you are able to pay back your loan early through additional repayments, you’ll benefit from lower interest repayments.
Can I get an investment loan?
To be eligible for a Plenti investment loan you must be:
- Aged 21 or over
- An Australian citizen or permanent resident
- Be earning over $25,000 p.a. from a regular source of income
- Have a good credit history
Plenti will consider a low doc investment loan if you are self-employed. Additional credit assessment criteria and requirements may apply.
How do I apply for an investment loan?
Applying for an investment loan with Plenti is easy. You will first need to complete a RateEstimate which will provide you with a summary of your loan options and borrowing power. This will include your personalised interest rate and fees for different loan terms. From there you will be able to select your preferred loan option and start your online application.
As part of your online application, we will need you to verify your identity. To complete this step you will need to make sure you have your Australian driver’s license handy. If you do not have a driver’s license you will need to provide us with a copy of your passport and documents verifying your current address.
During your online application, we will need to verify your income, expenses and liabilities (e.g. credit cards, loans etc). We will ask you to login to a portal which will allow you to connect to your bank account and share your data with us. You will need your bank login details on hand to complete this step. A member of our customer service team will let you know if we require anything further from you at this stage.
Finally, we will need you to provide us with your bank account details for your loan funds to be deposited. This account will be the same account we use to set up your direct debit payment schedule. You will also have the flexibility to make extra repayments at any time.
In completing our assessment of your application, we will look for evidence of how suitable an investment loan is to your situation. This includes reviewing:
- Your employment stability
- Your income (e.g. salary, rent, interest etc)
- Your expenses (e.g. mortgage, groceries etc)
- Your repayment history
- Credit bureau information
- Other details you communicate to us
*Comparison rates for fixed rate car loans are based on a secured car loan of $30,000 over 60 months. Comparison rates for fixed rate personal loans are based on an unsecured personal loan of $30,000 over 60 months. Rates shown assume monthly repayments for a customer with an excellent credit history and are current as at 5pm, 28 September 2020 Plenti credit criteria and terms and conditions apply. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Representative Example: Based on a loan of $30,000 over 60 months a borrower with an excellent credit history can expect to pay a total of $36,239. This represents a comparison rate of 6.84% p.a. and includes all interest and fees included in your loan repayments over the life of the loan. Plenti personal loans are available for a minimum of 6 months to a maximum of 5 years. Interest rates range from 6.49% p.a. (comparison rate 6.84% p.a.) to 12.79% p.a. (comparison rate 20.47% p.a.). Rates are subject to change depending on the rates offered in our Lending Markets.