RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.69% (5.89%*) • Home Loan Fixed: 5.39% (6.59%*) • Fixed: 5.39% (6.59%*) • Variable: 5.69% (5.89%*) • Investment IO: 5.69% (6.48%*) • Investment PI: 5.39% (6.59%*)

  Commercial Loan

Commercial Term Loan requiring first mortgage security. Borrowers can choose from Interest Only, Principal and Interest, with variable and fixed rate options.
Category: Business Loans  Last Updated May 22, 2024  Effective November 1, 2024

 General Lending Rates

Rates listed below are for a FIXED P&I product. Additional Information Interest rate is only applicable for loans up to $1,500,000. Loans in excess of $1,500,000 are subject to negotiation
Interest Rate
6.60% 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..
  , VARIABLE, 7.10%
  • Lending Rate Type: Variable
  • Interest Rate: 7.10%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 6.90%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.90%, Comparison Rate 0.00%
  • Repayment Type: Interest Only
  • Loan Purpose:
  , FIXED, 6.85%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.85%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 6.75%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.75%, Comparison Rate 0.00%
  • Repayment Type: Interest Only
  • Loan Purpose:
  , FIXED, 6.70%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.70%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 6.65%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.65%, Comparison Rate 0.00%
  • Repayment Type: Interest Only
  • Loan Purpose:
  , FIXED, 6.60%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.60%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 6.65%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.65%, Comparison Rate 0.00%
  • Repayment Type: Interest Only
  • Loan Purpose:
  , FIXED, 6.60%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.60%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 6.70%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.70%, Comparison Rate 0.00%
  • Repayment Type: Interest Only
  • Loan Purpose:
  , FIXED, 6.65%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.65%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:

 Product Features

  • Other Additional Information: Limited annual reviews
  • Other Additional Information: No monthly fees
  • Other Additional Information: 7 Year Maximum Loan Term (interest Only)
  • Other Additional Information: 20 year Maximum Loan Term Principal & Interest
  • Redraw

 Product Eligibility

  • Other Additional Information: Maximum LVR % - Commercial: 70%
  • Other Additional Information: Maximum LVR % - Specialised: 50%
  • Other Additional Information: Maximum LVR % - Industrial: 50%
  • Other Additional Information: Maximum LVR % - Rural: 40%
  • Other Additional Information: Maximum LVR % - Residential: 80%
  • Other Additional Information: Maximum LVR % - Light Industrial 70%

 Bank Fees and Charges

  • Application Fee (Upfront), Amount: Not Listed.. Additional Information: 0.60% of loan amount/negotiable. Payable at acceptance of offer
  • Valuation Fee (Upfront), Amount: 0.000000. Additional Information: Cost dependent on circumstance. Payable upon completion of valuation
  • Security Documentation Fees (Upfront), Amount: 0.000000. Additional Information: Dependent on transaction complexity, solicitor used, state of security and more. Payable at loan drawdown
  • Discharge Administration Fee (Exit), Amount: 350.000000. Additional Information: $350, per request, per security. Payable with any partial or full release of security (applies to each security)
  • Early Repayment Fee (Exit), Amount: Not Listed.. Additional Information: Break cost are payable. These are calculated on a case by case basis.
  • Consent To Lease Fee (Event), Amount: 150.000000. Additional Information: $150, per request, per lease agreement.
  • Variations (Event), Amount: 150.000000. Additional Information: Variation to existing facility, $150 per event
  • Late Payment Charge (Event), Amount: 65.000000. Additional Information: Payable when your facility remains in arrears for more than 30 consecutive days.

 Limitations & Restrictions (Constraints)

  • Min Limit of 100000.00
  • Max Limit of 20000000.00

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Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

■ ■ ■

 
Download our complimentary 650-page guide on marketing for mortgage brokers. We'll show you exactly how we generate billions in volume for our clients.
Finance Guide, Cropped Top and Bottom
  Timezone: 1 · [ CHANGE ]

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