{
  "snapshot_at": "2026-11-13T01:35:27Z",
  "brand": "CommBank",
  "brand_slug": "commbank",
  "product_id": "5af96243b945460cb98a373de7688008",
  "cdr_url": "https://api.commbank.com.au/public/cds-au/v1/banking/products/5af96243b945460cb98a373de7688008",
  "x_v": 7,
  "how_to_fetch": "curl -H 'x-v: 7' 'https://api.commbank.com.au/public/cds-au/v1/banking/products/5af96243b945460cb98a373de7688008'",
  "note": "Verbatim `data` object of the bank's CDR product detail response, as fetched. The live endpoint needs the x-v header shown in how_to_fetch and will not open in a browser.",
  "data": {
    "features": [
      {
        "featureType": "OTHER",
        "additionalInfo": "Flexible loan structure: Customise the loan and repayments to your business needs.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Get Fast Approval: It's easier to upgrade or replace financed assets if you have 12 months of good repayment history.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Quick and easy: Get a fast quote over the phone or online. Sign your agreement online to avoid paperwork delays.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "No extra security required: The financed asset serves as the loan security, so your asset equity and lines of credit can be used for other business purposes.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      }
    ],
    "constraints": [
      {
        "constraintType": "MIN_LIMIT",
        "additionalValue": "20000.00",
        "additionalInfo": "20000 minimum amount.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "You can apply if your business: Isn't going through the process of bankruptcy",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "You can apply if your business: Has a current ABN",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "You can apply if your business: Has a good credit rating",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "Financing equipment that will be used by a business (mostly or entirely for business purposes)",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "You can apply if your business: Has been trading for more than 12 months",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18",
        "additionalInfo": "Aged 18 years or over",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "An individual, sole trader, sole owner of your company or someone authorised to apply for finance and credit for a business",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "Eligible to work in Australia",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html"
      }
    ],
    "fees": [
      {
        "name": "Master Agreement Drawdown Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "434.50"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged for drawdowns on master agreement limits.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "Specialised Transaction Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "137.50"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged per asset for buyback, private sale or refinancing from another financial institution.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "Progressive Loan Establishment Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "1089.00"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged to establish and rollover a progressive facility.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "Variation Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "544.50"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged to process any facility variations, asset releases and/or transaction restructures (other than for Deceased Estates).",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "Early Termination Administration Fee",
        "feeType": "EXIT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "654.50"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged to process the termination of a contract before the contractual termination date.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "Early Repayment Adjustment Fee",
        "feeType": "VARIATION",
        "feeMethodUType": "variable",
        "variable": {},
        "currency": "AUD",
        "additionalInfo": "Fee charged when a customer repays prior to scheduled maturity (irrespective of the circumstances causing the early repayment) and the Bank makes a loss due to the pre-payment.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "End of Term Refinance Fee",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "544.50"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged to refinance or roll-over the residual value under a facility.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      },
      {
        "name": "Standard Documentation Fee",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "654.50"
        },
        "currency": "AUD",
        "additionalInfo": "Fee charged to establish a facility.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/fee-definitions.html"
      }
    ],
    "lendingRates": [
      {
        "lendingRateType": "FIXED",
        "rate": "0.0859",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P1M",
        "repaymentType": "PRINCIPAL_AND_INTEREST",
        "loanPurpose": "INVESTMENT",
        "tiers": [
          {
            "name": "Term",
            "unitOfMeasure": "MONTH",
            "minimumValue": "0",
            "maximumValue": "12"
          }
        ],
        "additionalValue": "P12M",
        "additionalInfo": "Rate shown is indicative, current as at the time of publishing and is dependent on but not limited to the term of the finance, amount financed, suitability of the financed asset and credit assessment of the applicant. Fees, charges & Terms and Conditions apply.",
        "additionalInfoUri": "https://www1.my.commbank.com.au/netbank/container/ESD/AssetFinance.Quote/ContainerLaunch"
      },
      {
        "lendingRateType": "DISCOUNT",
        "rate": "0.01",
        "applicationType": "UPFRONT",
        "repaymentType": "UNCONSTRAINED",
        "loanPurpose": "OTHER",
        "additionalValue": "Certain GREEN vehicles and equipment may be eligible for a discount of up to 1%",
        "additionalInfo": "Certain GREEN vehicles and equipment may be eligible for a discount of up to 1% when you ask for it. No discounts are automatically applied and must be requested prior to funding. T&Cs apply.",
        "additionalInfoUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance/green-finance.html"
      },
      {
        "lendingRateType": "PENALTY",
        "rate": "0.03",
        "applicationType": "UPFRONT",
        "repaymentType": "OTHER",
        "loanPurpose": "OTHER",
        "tiers": [
          {
            "name": "Term",
            "unitOfMeasure": "MONTH",
            "minimumValue": "0",
            "maximumValue": "12"
          }
        ],
        "additionalValue": "Default Rate on any amount due and remaining unpaid. The Default Rate is a rate that is 3% per annum above the Interest Rate we use to calculate the payment under the Contract.",
        "additionalInfoUri": "https://www.commbank.com.au/content/dam/commbank-assets/business/loans-finance/docs/current-tcs-asset-finance.pdf"
      }
    ],
    "productId": "5af96243b945460cb98a373de7688008",
    "lastUpdated": "2026-11-13T02:15:34.000Z",
    "productCategory": "BUSINESS_LOANS",
    "name": "Hire Purchase",
    "description": "Business car and equipment finance.",
    "brand": "CBA",
    "brandName": "CommBank",
    "applicationUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html",
    "isTailored": true,
    "additionalInformation": {
      "overviewUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html",
      "termsUri": "https://www.commbank.com.au/content/dam/commbank-assets/business/loans-finance/docs/current-tcs-asset-finance.pdf",
      "eligibilityUri": "https://www.commbank.com.au/business/loans-and-finance/car-and-equipment-finance.html",
      "feesAndPricingUri": "https://www2.my.commbank.com.au/netbank/container/ESD/AssetFinance.Quote/ContainerLaunch"
    }
  }
}