Progress drawdowns
Suitable if you're using the loan for construction.
Avoid uncertainty
Interest rate management options to help protect against adverse rate movement.
Forecast repayments
Ability to make scheduled reductions at each rollover and choose an interest raising period to suit your cash flow. ?
Flexibility
Multiple limits allowed per account to suit your business needs.
Progress drawdowns
Suitable if you're using the loan for construction.
Capitalise or redirect your interest
Subject to approval and conditions.
| Rates | |
|---|---|
| Name | Rate |
| Commercial Advance rates | Based on market related rates and available on application |
| Fees | |
|---|---|
| Name | Fee |
| Limit establishment fee | Available on application |
| Rollover fee | $150 each rollover 2 |
| Line fee | Available on application |
| Unused limit fee | Available on application |
Details of other fees that may be incurred will be provided on approval of the facility.
For more information about this product, see the Commercial Advance customer fact sheet (PDF).
Business Banking Specialists
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