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Wherever you are on your business journey, our dedicated Business Bankers can help. Find out more and enquire today!
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    Key benefits of this loan

    Available loan size $10,000 plus
    Interest only repayment option
    Unlimited extra repayments
    Redraw funds within your agreed credit limit as you need

    Rates

    Check out the latest rates for our Business Line of Credit.
    View all business rates
    Secured by Residential Property up to $1,000,000
    Term > 1 year
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    Interest rate
    An interest rate is the rate of interest you need to pay as the borrower to the lender. This is defined as a percentage of the loan amount and is usually expressed as an annual percentage.
    % p.a.
    Secured by Commercial Property up to $1,000,000
    Term > 1 year
    Locate a Business Banker
    Interest rate
    An interest rate is the rate of interest you need to pay as the borrower to the lender. This is defined as a percentage of the loan amount and is usually expressed as an annual percentage.
    % 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.

    • Competitive variable interest rate

      Chat to a Business Banker to see what rate best suits your needs

    • Loan terms from 1 to 25 years

    • Flexibility to withdraw funds as you need

      As long as you stay within your agreed credit limit

    • No minimum monthly repayments

      Provided any interest, fees and charges are paid each month

    • Combines your mortgage and transaction account into one, flexible account

    • Interest only option

      Free up extra cash by paying only the interest portion of the loan for up to 10 years

    • Split-loan option

      Get the benefits of a part fixed and part variable interest rate loan

    • Portable loan facility

      Security can be transferred directly from one property to another - subject to approval

    Fees

    • Minimum loan size is $10,000.
    • Minimum deposit is 20% (80% Loan to Value Ratio or lower).
    Upfront fees
    Application fee$600 for loans up to $80,000
    0.75% of loan, for loans greater than $80,000
    Ongoing fees
    Monthly administration fee$10 per month. Refer to our Fees and Charges brochure.
    Annual fee$0
    Other fees
    Third party charges

    Third party charges apply e.g. stamp duty


    Compare these business loans

    If you aren’t sure which loan will be best for your needs, our comparison tool if a great place to start.
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      What else do I need to consider?

      Enquire about this loan

      You can enquire about this business loan online, over the phone or by visiting your nearest branch.