A business loan with competitive variable and fixed interest rates and the flexibility to redraw.
Category: Business Loans Last Updated March 12, 2024 Effective May 3, 2024
General Lending Rates
Rates listed below are for a FIXED product. Additional Information
Interest Rate 7.04% 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..
Commercial or Other Security - Var
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Variable
Interest Rate: 8.53%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Residential Sec - 1 Yr Fix
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Fixed
Interest Rate: 7.04%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Residential Sec - 2 Yr Fix
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Fixed
Interest Rate: 7.04%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Residential Sec - 3 Yr Fix
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Fixed
Interest Rate: 7.14%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Commercial/Other Sec - 1 Yr Fix
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Fixed
Interest Rate: 7.44%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Commercial/Other Sec - 2 Yr Fix
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Fixed
Interest Rate: 7.44%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Commercial/Other Sec - 3 Yr Fix
Minimum: $20000.00 Maximum: $5000000.00
Lending Rate Type: Fixed
Interest Rate: 7.54%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Product Features
Redraw
Bill Payment
Product Eligibility
Business
Bank Fees and Charges
Account Service Fee - Business Term Loan (Periodic), Amount: 20.00. Additional Information: Payble to levy costs we incur in provding your account and its service
Establishment Fee - Business Loans (Upfront), Amount: Not Listed.. Additional Information: To cover our costs associated with establishing your loan
Rate Lock Fee (Upfront), Amount: Not Listed.. Additional Information: If you elect to lock-in a fixed interest rate prior to commencement of the fixed rate term
Default Administration Fee (Event), Amount: 40.00. Additional Information: Payable if there is an event of default under the terms of your loan
Rtgs ''same Day'' Payment (Transaction), Amount: 20.00. Additional Information: Payable when you request a high value, time critical payment from your account to another financial instituation on a real time basis for "same day" payment
Switch Fee (Event), Amount: 500.00. Additional Information: Payable when you change interest rate type or if we agree to your request to extend the term of a fixed interest rate period or to change the fixed interest rate. Break costs may also apply.
Mortgage Release Fee (Event), Amount: 400.00.
Settlement Fee (Upfront), Amount: 100.00. Additional Information: Payable when we process the settlement of your loan.
