Key benefits of this loan

Available loan size $50,000 plus
Interest only repayment option
Unlimited extra repayments
No ongoing fees

Rates

Check out our latest rates for our Business Variable Rate Loan.
Secured by Residential Property up to $1,000,000
Term > 1 year
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
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

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.
  • Competitive variable interest rate

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

  • Loan terms from 1 to 25 years

  • No annual or monthly account keeping fees

  • Freedom to make unlimited extra repayments with no pre-payment fees

    Reduce your loan term and save money

  • Flexible repayment frequency

    Pay weekly, fortnightly or monthly

  • 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

  • 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

Fees

  • Minimum loan size is $50,000.
  • 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 fee$0
Annual fee$0
Other fees
Third party chargese.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.

Enquire about this loan

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