Flexible lending with no bank establishment fee or ongoing loan maintenance fees
A variable rate business loan with flexible features to help support your business.
Supporting your business
- No bank establishment fee or ongoing loan maintenance fees
- Manage your cash flow with varied repayment options (monthly, quarterly, half yearly and annually)
- Ability to select your preferred interest raising date to suit your cashflow needs
- Decrease your loan term using lump sum repayment without penalty
- Free online redraw to access surplus funds
- Minimum loan amount $10,000, maximum loan amount is subject to approval
- Choice of interest only repayments (maximum 5 years) or principal and interest repayment options (subject to approval and conditions)
- Progress drawdowns to suit construction requirements
- Interest may be capitalised (subject to approval and conditions)
- Ability to add to a Multi Option Facility (an agreed umbrella limit across multiple products with no need to renegotiate each time you require to adjust individual product limits)
indicative variable rate^
|Business FeeSaver Rate
|Limit establishment fee
|Loan maintenance fee
|Online surplus redraw fee
Details of other fees which may be incurred will be provided on approval of the facility.
* Subject to approval, switching fees may apply on rollover.
^ Rate applies to new borrowing only. A margin may apply based on full credit assessment and security cover ratio.
# This is the base Reference Rate used to determine the interest rate charged on each applicable facility.