Progress drawdowns
Suitable if you're using the loan for construction.
2.50%
p.a.
Indicative variable rate
Available for new Business Low Rate Loans fully secured up to $1,000,000. 5
Indicative variable rate shown is for new borrowings only. Available on new facilities up to $1,000,000 and a maximum 5 year loan term. Minimum loan amount $10,000. Other loan terms and rates are available.
Flexible repayment options
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. 2
Access surplus funds 24/7
Redraw your extra payments through online banking. 2
Switch from variable to fixed
Option to roll to a Business Fixed Rate Loan and keep your account number. 4 Subject to approval. Switching fees may apply on rollover. Close
Progress drawdowns
Suitable if you're using the loan for construction.
Capitalise your interest
Subject to approval and conditions.
Rates | |
---|---|
Name | Variable rate |
Indicative variable rate
5
|
2.50% p.a. |
Business low rate (reference rate) |
4.22% p.a. |
Indicative variable rate shown is for new borrowings only. Available on new facilities up to $1,000,000 and a maximum 5 year loan term. Minimum loan amount $10,000.Other loan terms and rates are available. A margin may apply to the above rates based on our full credit assessment of your loan application.
Business Banking Specialists
Here’s how to get in touch