Variable Business Loan Secured

A variable rate business loan can help you grow your business whilst optimising repayments.

Business Lending Features
Interest Rate :	Interest rates differ based on the type of security you provide for your loan, your loan amount and other factors.
Minimum loan amount :	No minimum
Maximum LVR :	70% against commercial property; 80% against residential real estate
Maximum loan term :	Dependant on loan type and security offered
Interest calculation :	Calculated daily, charged monthly
Repayment type :	Principal & Interest; Interest Only
Repayment frequency :	Principal & Interest:- weekly, fortnightly or monthly; Interest Only:- monthly
Establishment fee :	Based on the loan amount approved at the time of application
Monthly loan fee :	$0
Early termination fee :	Minimum 1.00% of the total loan amount applied for or as approved at the time of application
Extra repayments :	Yes
Interest offset :	No
Redraw :	No
Loan preparation fee :	At cost
Increase/top up :	Yes
Business type :	Businesses of any type, including sole traders, partnerships, trusts and registered companies. Groups or individuals using the lending facility for business purposes are also eligible.
Security :	Secure your loan with residential, or commercial property; or cash collateral
Second mortgage security :	No
Vacant land as sole security :	No

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