Business loans

Fixed rate loans

  • Can I pay extra off my loan?

    If you choose a Business Fixed Rate Loan you can make additional repayments up to a maximum of $10,000 per year during the fixed period. However, redrawing the additional repayments is not permitted. Alternatively, a split loan facility with a Business Line of Credit can provide you with the best of both loan types.
  • Are there any monthly fees or annual fees on business fixed rate loans?

    No, our business fixed and variable loans have no monthly or ongoing fees.
  • Can I redraw excess funds from my loan?

    No, a redraw facility is not a feature of our business fixed or variable loans. As an alternative you may want to consider our Business Line of Credit account, as it allows you to deposit and withdraw funds up to an approved credit limit as often as you like.

Variable rate loans

Line of Credit

  • Is a Line of Credit loan right for me?

    A Business Line of Credit loan is ideal for business borrowers who are good at budgeting and want a loan account which combines their business transaction account and credit limit all in one. If you're still not sure about which option is right for you, we're happy to help you make the right decision. Call us on 13 11 82 or visit your nearest branch for more details.

  • What repayments do I need to make on my Business Line of Credit loan?

    Business Line of Credit accounts are Interest Only for a period of up to 10 years. This means your required payment is equal to the interest charged to the account for the month. The interest amount due each month can be deducted from the available funds in your Business Line of Credit account, providing you are within your approved limit.
  • What is a Business Line of Credit?

    A Business Line of Credit account allows you to deposit and withdraw funds up to an approved credit limit as often as you like. You can even have all of your business credits and debits linked to this account. By regularly depositing into the account (via payroll or savings) you could reduce the amount of interest paid, therefore reducing the term of your loan, allowing you to pay it off sooner.

Variable construction loans

Vehicle loans

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