Category: Business Loans Last Updated December 18, 2024 Effective December 18, 2024
General Lending Rates
Rates listed below are for a VARIABLE P&I product. Additional Information
Interest Rate 8.24% PA
Comparison Rate 9.08%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 Features
Notifications
Digital Banking
Redraw
Product Eligibility
Business
Bank Fees and Charges
Businessloanadmin (Upfront), Amount: 600.00.
Mortgagedischarge (Variable), Amount: 175.00. Additional Information: Calculated at time of Discharge, up to a maximum of $600
Contractvariation (Event), Amount: 150.00.
Loanadmin (Event), Amount: 250.00.
Constructionloan (Upfront), Amount: 600.00. Additional Information: Construction loan fee which includes up to five progress payments to suppliers, additional construction loan progress payment fees $50 per payment
Bridgingloan (Upfront), Amount: 250.00. Additional Information: Administration fee to cover the cost of setting-up a bridging loan when buying and selling a property
Loanconsent (Event), Amount: 400.00.
Securityguarantee (Variable), Amount: 250.00.
Securitysubstitution (Variable), Amount: 250.00.
Titleproduction (Variable), Amount: 150.00.
Legalfees (Variable), Amount: Not Listed.. Additional Information: First Option covers the first $1000 of Valuation and Legal Fees, other external costs are on-charged at-cost.