Commercial Advance

Take advantage of short term advances

Tailored options with interest rate terms between 30-180 days to suit your business's cash flow requirements.

 

Avoid uncertainty

Take advantage of interest rate risk management

 
 

Forecast repayments

Ability to make scheduled reductions at each roll over

 
 

Flexibility

Multiple limits allowed per account to suit your business needs

 
 

Manage cash flow

Select an interest raising period aligned to your businesses cash flow

 

Supporting your business

  • Interest rate risk management options available to help protect against adverse rate movement
  • Easily manage cashflow with the ability to pay interest monthly, or at maturity
  • Minimum loan amount $1,000,000, maximum loan amount is subject to approval
  • Loan terms up to 5 years

Additional extras

  • Principal reductions available at rollover
  • Caters for construction lending
  • Interest can be redirected or capitalised (subject to approval)
  • 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)

Rates

Our Commercial Advance rates are based on market related rates and are available on application. Contact us on 13 7000 for further information.

Fees

Description Fee
Limit establishment fee Available on application
Rollover fee
(only charged once per rollover, irrespective of how many limits are held on the account)
$150 each rollover
Line fee Available on application
Unused limit fee Available on application

Details of other fees which may be incurred will be provided on approval of the facility.

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