Business Banking Factsheet

General Details
Institution
Product Name Prospa Business Loan (starting at 1% per month)
Institution Phone 1300 882 867
Apply Go to site
Loan Details
Loan Type Fully Drawn Advance
Security Type Unsecured
Repayment Type Principal & Interest
Minimum Margin 0.00
Maximum Margin 0.00
Interest Calculated Monthly
Min. Loan Amount $5,000.00
Max. Loan Amount $300,000.00
Min. Loan Term 0.25
Max. Loan Term 2.00
Loan-to-Value Ratio -%
Max. Loan-to-Value Ratio 0.00%
Loan-to-Value Ratio Negotiable No
Interest Rates
Variable Rate 9.90
Base Rate 0.00
Default Rate 0.00
Fixed Rate: 1 Year 0.00
Fixed Rate: 2 Year 0.00
Fixed Rate: 3 Year 0.00
Fixed Rate: 4 Year 0.00
Fixed Rate: 5 Year 0.00
Fixed Rate: 6 Year 0.00
Fixed Rate: 7 Year 0.00
Access and Fees
BusinessCard Access
Business Card Fee $0.00
Credit Card Access
Credit Card Fee $0.00
ATM Access
ATM Fee $0.00
Internet Access
Internet Fee -
Cheque Access
Cheque Fee $0.00
Drawdown Fee $0.00
Early Termination Fee or Penalty -
EFTPOS Access
EFTPOS Fee $0.00
Redraw Access
Redraw Fee $0.00
Establishment Fee $0.00
Exit Fee $0.00
Legal Fee -
Over Limit Fee $0.00
Other Fee $0.00
Line Fee -
Overdraft Fee $0.00
Service Fee $0.00
Switching Fee -
Temp Overdraft Fee $0.00
Unused Limit Fee $0.00
Valuation Fee -
Comments *Minimum establishment fee is $250 and increases with the amount of the loan

Business Banking Factsheet

Institution
Product Name Prospa Business Loan (starting at 1% per month)
Institution Phone 1300 882 867
Apply Go to site
Loan Type Fully Drawn Advance
Security Type Unsecured
Repayment Type Principal & Interest
Minimum Margin 0.00
Maximum Margin 0.00
Interest Calculated Monthly
Min. Loan Amount $5,000.00
Max. Loan Amount $300,000.00
Min. Loan Term 0.25
Max. Loan Term 2.00
Loan-to-Value Ratio -%
Max. Loan-to-Value Ratio 0.00%
Loan-to-Value Ratio Negotiable No
Variable 9.90
Base Rate 0.00
Default Rate 0.00
1 Year Fixed 0.00
2 Year Fixed 0.00
3 Year Fixed 0.00
4 Year Fixed 0.00
5 Year Fixed 0.00
6 Year Fixed 0.00
7 Year Fixed 0.00
BusinessCard Access
Business Card Fee $0.00
Credit Card Access
Credit Card Fee $0.00
ATM Access
ATM Fee $0.00
Internet Access
Internet Fee -
Cheque Access
Cheque Fee $0.00
Drawdown Fee $0.00
Early Termination Fee or Penalty -
EFTPOS Access
EFTPOS Fee $0.00
Redraw Access
Redraw Fee $0.00
Establishment Fee $0.00
Exit Fee $0.00
Legal Fee -
Over Limit Fee $0.00
Other Fee $0.00
Line Fee -
Overdraft Fee $0.00
Service Fee $0.00
Switching Fee -
Temp Overdraft Fee $0.00
Unused Limit Fee $0.00
Valuation Fee -
Comments *Minimum establishment fee is $250 and increases with the amount of the loan