Business Loan Fixed Rate Principal and Interest

If you need to borrow money for your business, whether it’s to purchase a property or any other business purpose, with our Business Fixed Rate Fully Drawn Advance you can enjoy the certainty of fixed interest rates and repayments.
Category: Business Loans  Last Updated March 18, 2025  Effective July 5, 2000

 General Lending Rates

Rates listed below are for a FIXED P&I product. Additional Information Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk.
Interest Rate
5.70% PA
Comparison Rate
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
  , FIXED, 5.90%
  • Lending Rate Type: Fixed
  • Interest Rate: 5.90%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 5.90%
  • Lending Rate Type: Fixed
  • Interest Rate: 5.90%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 6.11%
  • Lending Rate Type: Fixed
  • Interest Rate: 6.11%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:
  , FIXED, 5.70%
  • Lending Rate Type: Fixed
  • Interest Rate: 5.70%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose:

 Product Features

  • Other Additional Information: Flexible repayment terms available up to a maximum of 30 years if residentially secured, or to a maximum of 20 years if commercial, industrial, cash or mixed security.
  • Digital Banking Additional Information: Internet Banking and Mobile Banking.
  • Extra Repayments Additional Information: You can pay as much as you like however you need to be aware that if you repay more than a total of 10% of the facility amount in any 12 month period (commencing on 1 November and ending on 31 October the following year) a 0.25% fee is payable on the amount repaid in excess of this 10% limit.
  • Relationship Management Additional Information: Eligible customers enjoy dedicated and personalised service from the Business Solutions team.

 Product Eligibility

  • Residency Status - Available To Permanent Australian Residents..
  • Min Age - 18.
  • Business Additional Information: Available for business purposes for individual and non-individual borrowers, including sole traders, trusts (excluding SMSFs) and companies.

 Bank Fees and Charges

  • Break Cost Fee (Event), Amount: Not Listed.. Additional Information: Are payable when a break cost event occurs: (a) we allow you to switch from a fixed interest rate for a facility to a variable interest rate during a fixed interest period or (b) you repay early all or any part of the total amount owing for that facility before the end of a fixed interest period or (c) the total amount owing for that facility becomes repayable because you are in default.
  • Registration Fee (Variable), Amount: Not Listed.. Additional Information: Payable to us when there are additional costs associated with registration (for example, this may include a discharge of mortgage fee, transfer fee or any other dealing fee).
  • Limit Excess Fee (Event), Amount: 17.50. Additional Information: A limit excess fee of $17.50 each time the facility limit is exceeded. If the balance owing exceeds the facility limit with or without our approval, we charge interest on that excess at the default rate.
  • Replacement Document Fee (Event), Amount: 100.00. Additional Information: Fee is payable for replacement of documents due to the original documentation being lost or amendments to the original documents being required.
  • Application Fee (Upfront), Amount: Not Listed.. Additional Information: Also known as establishment fee and payable when you accept the commercial letter of offer. (Does not apply to Residentially Secured Business Loan).
  • Valuation Fee (Variable), Amount: Not Listed.. Additional Information: The cost of each valuation report required to be issued.
  • Upfront Legal & Document Fees (Variable), Amount: Not Listed.. Additional Information: Minimum Fee is $250. The costs for reviewing documents and preparing security documents and facility agreements differ based on the type of security and other factors. The estimated fees will be provided in your Letter of Offer.
  • Upfront Fees Residential Security (Upfront), Amount: 600.00. Additional Information: For new facilities secured by residential property, this single fee replaces Application Fee, Valuation Fee, Legal and Documentation Fee.
  • Interest Rate Conversion Fee (Event), Amount: 250.00. Additional Information: Fee is payable for interest rate maintenance/conversion with a Letter of Variation or Letter of Advice.
  • Partial Release And Discharge Of Security Fee (Exit), Amount: 250.00. Additional Information: Payable whenever we arrange for a Partial Release or Discharge of Security.
  • Settlement Fee (Variable), Amount: Not Listed.. Additional Information: Settlement fee is estimated at $300 per settlement.
  • Consent And Execution Of Leases, Plans Of Subdivision Etc. (Event), Amount: 150.00. Additional Information: Consent and Execution of Leases, Plans of Subdivision etc.