Minimum loan size is $10,000.
Minimum deposit is 20% (80% Loan to Value Ratio or lower).
Key benefits
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Available loan size $10,000 plus
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Unlimited extra repayments
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Interest only repayment option
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Redraw funds within your agreed credit limit as you need
Rates
Check out the latest rates for our Business Line of Credit.
Interest rate
helpSecured by Residential Property up to $1,000,000
Term > 1 year
Interest rate
% p.a.
Secured by Commercial Property up to $1,000,000
Term > 1 year
Interest rate
% p.a.
Product overview
By combining your loan, overdraft, and savings into a single account, you could use your working capital to reduce the amount of interest you pay and pay off your business loan sooner. A Business Line of Credit gives you the flexibility and control to help you make every dollar count.
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Competitive variable interest rate
Chat to a Business Banker to see what rate best suits your needs.
lending
Flexibility to withdraw funds as you need
As long as you stay within your agreed credit limit.
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No minimum monthly repayments
Provided any interest, fees and charges are paid each month.
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Interest only option
Free up extra cash by paying only the interest portion (monthly if charged) for the life of the loan.
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Split-loan option
Get the benefits of a part fixed and part variable interest rate loan.
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Portable loan facility
Security can be transferred directly from one property to another (subject to approval).
savings
Combines your mortgage and transaction account into one, flexible account
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Loan terms from 1 to 25 years
Fees
Application fee
$600 for loans up to $80,000
0.75% of loan, for loans greater than $80,000
Monthly administration fee: $10. Refer to our Fees & Charges document.
Annual fee: $0
Third party charges: e.g. stamp duty.
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Compare business loans
If you aren’t sure which loan will be best for your needs, our comparison tool is a great place to start.
What else do I need to consider?
Need some help? We've got you covered.
Get in touch with us and we can help you get the answers you need.
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