Our Commercial Loan is ideal if you want to secure financing to grow the business operations, start new business ventures, maintain existing operating cashflow while expanding your business or funding for major projects.
Category: Business Loans Last Updated July 29, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information New or Demo Cars
Interest Rate 6.74% 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, 7.74%
Lending Rate Type: Variable
Interest Rate: 7.74%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
, VARIABLE, 13.55%
Lending Rate Type: Variable
Interest Rate: 13.55%, Comparison Rate 0.00%
Repayment Type:
Loan Purpose:
Product Features
Digital Banking
OtherAdditional Information: Payments can be arranged weekly, fortnightly or monthly.
OtherAdditional Information: Fixed or Variable interest rates are available providing flexibility to tailor the loan to your business needs.
OtherAdditional Information: Borrow as little as $10,000 for business purposes with an ability to redraw extra payments.
Redraw
Product Eligibility
Business
Min Age - 18.
Residency Status - Loans Are Available To Members Of The Bank Who Are Permanent Residents Of Australia And Currently Live In Australia.
Bank Fees and Charges
Loan Maintenance Fee (Periodic), Amount: 5.00.
Other Credit Fees (Event), Amount: 0.00. Additional Information: Please refer to our Fees and Charges brochure for information on other fees and charges which may apply.
Establishment Fee (Variable), Amount: Not Listed.. Additional Information: Price on application
Document Fees (Variable), Amount: Not Listed.. Additional Information: Price on application
Establishment Fee - Business New Car Loan (Upfront), Amount: 120.00. Additional Information: Establishment Fee - Business New Car Loan.