No. Business loan products, known as commercial finance facilities attract varying interest rates. The variations reflect the differences in the loans from the risk and lender perspective. Chattel Mortgage which is also known as Vehicle Loan, attracts the lowest rate across the range of business loan products. Commercial Hire Purchase is typically the same or similar to Chattel Mortgage as it shares similar features. Leasing attracts a higher rate. This is universal across the finance lending sector. However, the rates offered by individual banks and lenders vary, at times, significantly across all loans. These difference reflect how a lender prices that particular loan segment and their own costs of sourcing funding.