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We've a range of loans with flexible options to help you manage and grow your business. Speak to one of our Business Specialists about getting the best rate for your business.

Variable rates

A variable rate may go up or down during the term of the loan so your repayments will vary as the rate changes. Your business will benefit from any interest rate decrease. Alternatively, if rates increase, you may need to speak to your lender about increasing your monthly repayment.


Variable rates current on and from 6th April 2020

Rate name Variable rate 
(Base rate only, a margin may apply)
Small Business Loan Rate 3.66% p.a.
Small Business Overdraft Rate 3.86% p.a.
Business Development Rate 4.77% p.a.
Overdraft Business Rate 4.59% p.a.
Business Equity Access Rate 3.89% p.a.
  • A margin may apply depending on the type of security provided, the purpose for which the finance is required or the term of the facility
  • Interest is calculated daily on the balance used, and charged monthly.




Fixed rates

A fixed rate doesn't change during the fixed interest period so your repayments will stay the same during that time which can help with budgeting and planning.


Fixed rates current on and from 1st December 2020

Term Fixed rate for business loans
(Base rate only, a margin may apply)
1 year 3.22%
2 year 3.23%
3 year 3.35%
4 year 3.54%
5 year 3.65%
  • At the end of the fixed rate period, your loan will automatically change to a variable rate loan and the interest rate will automatically change to a variable base rate plus any margins current at the time
  • A margin may apply depending on the type of security provided
  • There are no fixed rates available for Business Equity Access Loans & Business Overdraft.


Need cash for your business quickly?

Apply for up to $75,000 unsecured finance - meaning you don't have to provide asset security (director's guarantee may be required).

Conditions apply. Find out more

Things you should know

Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.

Find out what information you need to provide to become a customer.