The Business Investment Loan gives you the freedom to grow your business and take advantage of investment opportunities when they arise whilst offering a competitive flexible interest rate with convenient access to your funds.
Category: Business Loans Last Updated March 25, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a FIXED INVESTMENT P&I product. Additional Information Business Investment Loan with residential property security. Conditions apply.
Interest Rate 6.69% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
INVESTMENT, FIXED, 6.69%
Lending Rate Type: Fixed
Interest Rate: 6.69%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 6.69%
Lending Rate Type: Fixed
Interest Rate: 6.69%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 6.99%
Lending Rate Type: Fixed
Interest Rate: 6.99%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 6.99%
Lending Rate Type: Fixed
Interest Rate: 6.99%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 7.49%
Lending Rate Type: Fixed
Interest Rate: 7.49%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 7.49%
Lending Rate Type: Fixed
Interest Rate: 7.49%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 7.49%
Lending Rate Type: Fixed
Interest Rate: 7.49%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 7.79%
Lending Rate Type: Fixed
Interest Rate: 7.79%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, FIXED, 7.79%
Lending Rate Type: Fixed
Interest Rate: 7.79%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, VARIABLE, 6.69%
Lending Rate Type: Variable
Interest Rate: 6.69%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, VARIABLE, 7.49%
Lending Rate Type: Variable
Interest Rate: 7.49%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
INVESTMENT, VARIABLE, 8.19%
Lending Rate Type: Variable
Interest Rate: 8.19%, Comparison Rate 0.00%
Repayment Type: Principal And Interest
Loan Purpose: Investment
Product Features
Digital BankingAdditional Information: Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
OtherAdditional Information: Repayments: Choose between principal and interest or interest only repayments.
RedrawAdditional Information: Optional for variable rate loans only. Redraw payments made in advance at any time through Internet and Mobile Banking. Minimum redraw amount is $500.
Product Eligibility
BusinessAdditional Information: Available for Business purposes only. Conditions apply.
OtherAdditional Information: Membership: You must be or become a Beyond Bank Australia member
Residency Status - Australian Citizen. Additional Information: Must be an Australian citizen, permanent Australian resident or hold a Visa. If a Visa holder's income is relied upon to determine serviceability, the term of the Visa must exceed the term of the loan.
Bank Fees and Charges
Business Loan Establishment Fee (Upfront), Amount: 595.00. Additional Information: Applies to residential mortgage security and maximum borrowings of $500,000. Fees & Charges for borrowings above $500,000 (or where commercial mortgage security is required) are available on request.
Mortgage Discharge, Settlement Or Partial Discharge Fee (Event), Amount: 350.00. Additional Information: Payable whenever a mortgage is discharged or partially discharged
Redraw (staff-assisted) Fee (Transaction), Amount: 35.00. Additional Information: This fee is payable for each staff-assisted redraw.
Redraw (online) Fee (Transaction), Amount: 0.00. Additional Information: Online redraw via Internet or Mobile Banking is free.
Default Notice Fee (Event), Amount: 20.00. Additional Information: This fee is payable whenever we send you a default notice because you have defaulted under the contract or related mortgage.
Hold Fixed Interest Rate (Upfront), Amount: 0.00. Additional Information: The amount of this fee is based on 0.15% of the loan amount and is payable should you wish to hold a fixed interest rate from time of loan application to settlement.
Rate Variation Fee (Event), Amount: 150.00. Additional Information: This fee is payable each time you ask us to vary the type of interest rate (variable to fixed or vice versa) or refix your loan.
Loan Settlement Fee (a) (Upfront), Amount: 200.00. Additional Information: This fee is payable for a new loan settled
Loan Settlement Fee (b) (Upfront), Amount: 150.00. Additional Information: This fee is payable for each loan variation or top up settled.
Progress Payment Fee (Event), Amount: 35.00. Additional Information: This fee is payable for each progress payment we process for construction loans.
Security Handling Fee (Upfront), Amount: 175.00. Additional Information: This fee is payable if you ask us to prepare documentation to note a change of your name on the title, or produce your land title.
Additional Security Fee (Upfront), Amount: 200.00. Additional Information: This fee is payable when we prepare any security in addition to the mortgage over the primary mortgaged property
Search Fee (Upfront), Amount: 35.00. Additional Information: This fee is payable for each search conducted in relation to a loan or security including ASIC search or Title search.
Default Fee On Business Investment Loan - On The 8th Day (Event), Amount: 20.00. Additional Information: This fee is payable on the 8th day you are in default.
Default Fee On Business Investment Loan - Every 14th Day Thereafter (Event), Amount: 25.00. Additional Information: This fee is payable every 14th day thereafter whilst you remain in default.
