Minimum loan size is $20,000.
Minimum deposit is 20% (80% Loan to Value Ratio or lower).
Key benefits
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Available loan size $20,000 plus
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Unlimited extra repayments
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Interest only repayment option
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No ongoing fees
Rates
Check out our latest rates for our Business Variable Rate Loan.
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
Need to finance a new business initiative or fund your business growth? Our Business Variable Rate Loan is here to help make your business plans a reality. Enjoy a competitive variable interest rate, convenient features and the freedom to make additional repayments without any pre-payment fees. You can link your business loan with a business account and have all your business banking in one convenient location.
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Competitive variable interest rate
Chat to a Business Banker to see what rate best suits your needs.
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Loan terms from 1 to 15 years
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No annual or monthly account keeping fees
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Freedom to make unlimited extra repayments with no pre-payment fees
Reduce your loan term and save money.
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Flexible repayment frequency
Pay weekly, fortnightly or monthly.
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Up to 60 months interest only option
Free up extra cash by paying only the interest portion of the loan for up to five years.
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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.
Fees
Application fee
$600 for loans up to $80,000
0.75% of loan, for loans greater than $80,000
Monthly administration fee: $0. 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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Help and support
Access forms, brochures, support articles, FAQs and more below.
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