If you’ve got spending goals to finance and like the peace of mind that comes with fixed monthly repayments, the IMB fixed rate, secured loan is a great option. You can borrow $2,000 - $60,000, for a term of 1 - 5 years, just don’t forget to budget for the upfront application fee. Repayments are made on a monthly basis, and there’s also the option to make extra repayments if you want. But before you decide on this loan, remember that you’ll need to have a vehicle up to 6 years old to put up as security.