The indicative variable rate is based on a fully secured loan option.
Progress drawdowns
Suitable if you're using the loan for construction.
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.
Benefits
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.
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
Capitalise your interest
Subject to approval and conditions.
Rates and fees
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| Rates | |
|---|---|
| Name | Variable rate |
|
Indicative variable rate
4
|
5.42% p.a. |
|
Business FeeSaver rate (reference rate) |
5.67% p.a. |
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Rates are intended for new borrowing only and subject to change. A margin may apply to the above rates based on our full credit assessment of your loan application.
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| Fees | |
|---|---|
| Name | Fee |
|
Limit establishment fee |
$0 |
|
Loan maintenance fee |
$0 |
|
Online surplus withdrawal fee |
$0 |
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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)
For more information about this product, see the Business FeeSaver Loan customer fact sheet (PDF)
Enquire today
Check your eligibility
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Things you may need for your application
- 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.
Get an idea of your repayments
How can we help?
Speak with someone from the team today
Business Banking Specialists
Here’s how to get in touch