Business Banking Factsheet

General Details
Institution
Product NameSpecial Offer - Business Essentials Variable Rate Loan - $10,000 to $999,999 - Commercial
Institution Phone13 11 75
Loan Details
Loan TypeFully Drawn Advance
Security TypeCommercial
Repayment Type Principal & Interest and Interest Only
Minimum Margin0.30
Maximum Margin0.30
Interest CalculatedDaily
Min. Loan Amount$10,000.00
Max. Loan Amount$999,999.00
Min. Loan Term1
Max. Loan Term25.00
Loan-to-Value Ratio70%
Max. Loan-to-Value Ratio70.00%
Loan-to-Value Ratio NegotiableNo
Interest Rates
Variable Rate4.49
Base Rate4.19
Default Rate0.00
Fixed Rate: 1 Year0.00
Fixed Rate: 2 Year0.00
Fixed Rate: 3 Year0.00
Fixed Rate: 4 Year0.00
Fixed Rate: 5 Year0.00
Fixed Rate: 6 Year0.00
Fixed Rate: 7 Year0.00
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$800.00
Exit Fee$350.00
Legal Fee-
Over Limit Fee$0.00
Other Fee$0.00
Line Fee$0.00
Overdraft Fee$0.00
Service Fee$15.00
Switching Fee$300.00
Temp Overdraft Fee$0.00
Unused Limit Fee$0.00
Valuation Fee-
CommentsTo be eligible for this rate, security for the loan must include minimum 50% security over a commercial property. Valuation fee dependent on property type and location.

Business Banking Factsheet

Institution
Product NameSpecial Offer - Business Essentials Variable Rate Loan - $10,000 to $999,999 - Commercial
Institution Phone13 11 75
Loan TypeFully Drawn Advance
Security TypeCommercial
Repayment TypePrincipal & Interest and Interest Only
Minimum Margin0.30
Maximum Margin0.30
Interest CalculatedDaily
Min. Loan Amount$10,000.00
Max. Loan Amount$999,999.00
Min. Loan Term1
Max. Loan Term25.00
Loan-to-Value Ratio70%
Max. Loan-to-Value Ratio70.00%
Loan-to-Value Ratio NegotiableNo
Variable4.49
Base Rate4.19
Default Rate0.00
1 Year Fixed0.00
2 Year Fixed0.00
3 Year Fixed0.00
4 Year Fixed0.00
5 Year Fixed0.00
6 Year Fixed0.00
7 Year Fixed0.00
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 $800.00
Exit Fee $350.00
Legal Fee-
Over Limit Fee $0.00
Other Fee $0.00
Line Fee $0.00
Overdraft Fee $0.00
Service Fee $15.00
Switching Fee $300.00
Temp Overdraft Fee $0.00
Unused Limit Fee $0.00
Valuation Fee -
Comments To be eligible for this rate, security for the loan must include minimum 50% security over a commercial property. Valuation fee dependent on property type and location.