Business loans Rates, calculators and tools

Business loans rates

Business Overdraft

  • Business Overdraft has a variable rate, currently 7.83% p.a. 
  • Interest is calculated daily on the balance used, and charged monthly
  • A margin may apply depending on the type of security provided
  • Fixed rates are not available on a Business Overdraft.  

Business Loan

Special offer: Get 5.90% p.a on new variable rate Business Loans, residentially secured up to $1m. Apply by 31 July 2014.

A margin may apply depending on the type of security provided.

Variable rates current on and from 26 August 2013, except the Business Loan special offer rate of 5.90% p.a. current on and from 3 March 2014. 

Fixed rates current on and from 21 June 2014. At the end of the fixed rate period, the interest rate will convert to the variable Business Development rate.

Interest rates p.a.
Type of loanVariable rate
(Base rate only, a margin may apply)
Business Loan - Special offer for new loans up to $1m, applied for from 3 March - 31 July 2014 and drawn by 30 September 2014. Loan must be secured by residential property and a maximum term of 15 years.5.90% p.a
Business Loan
(Business Development Loan)
7.01% p.a.

Interest rates p.a.
TermFixed rate
(Base rate only, a margin may apply)
1 year5.53%
2 year5.67%
3 year5.90%
4 year6.20%
5 year6.60%
7 year7.00%
10 year7.90%

Rates

  • The Business Equity Access Loan has a variable rate, currently 6.13% p.a.
  • A margin may apply depending on the type of security provided.
  • There are no fixed rates available for Business Equity Access Loans.