Business FeeSaver Loan

A variable rate loan that offers flexible features to support your business, with the added bonus of no bank establishment or ongoing loan maintenance fees.


Fund business growth

Minimum loan amount $10,000. 1 Maximum loan amount subject to approval. Close

Repayments to suit your cash flow

Choose your repayment date and frequency, including when you want interest to be charged.

Make extra repayments without penalty

Pay more than your minimum repayments at any time to help reduce your loan term.

Online redraw facility

Access your extra repayments 24/7 through online banking.

Interest only option

Choose to pay interest only for one to five years before starting principal and interest repayments. 2 Subject to approval and conditions. Close

Switch from variable to fixed

Option to roll to a Business Fixed Rate Loan and keep your account number. 3 Subject to approval. Switching fees may apply on rollover. Close

Check out these additional perks

Progress drawdowns

Suitable if you're using the loan for construction.

Capitalise your interest

Subject to approval and conditions.

Rates and fees

Name Variable rate
Indicative variable rate 4
3.77% p.a.
Business FeeSaver rate (reference rate)
4.42% p.a.
Rates are intended for new borrowing only and available on new facilities up to $1,000,000 and maximum 5 year loan term. Minimum loan amount $10,000. A margin may apply to the above rates based on our full credit assessment of your loan application.
Name Fee
Limit establishment fee
Loan maintenance fee
Online surplus withdrawal fee

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

For more information about this product, see the Business FeeSaver Loan customer fact sheet (PDF).

Enquire today

Check your eligibility

  • Minimum loan amount $10,000 1 Maximum loan amount subject to approval. Close
  • Use residential or commercial property as security
  • Not available for self managed super funds
  • You must meet Bankwest's lending criteria.

  • Current business and personal financials, and details of the property you intend to use as security. We'll let you know exactly what documents you need to provide to us
  • If anyone connected to your application is new to Bankwest, including account signatories, key decision makers/beneficial owners (through ownership or control), trustees, guarantors and office holders, they'll need photo ID like an Australian driver's licence or passport. Or, see a handy list of other ID we’ll accept.
After submitting the form, a member of our Business Sales Team will be in touch to discuss what works best for you and complete your application.

How can we help?

Business Specialists Team

Speak with someone from the team today

Business Banking Specialists

Here’s how to get in touch