Fully Drawn Business Loan

Our Fully Drawn Business Loan could help you with most business needs such as purchasing a property, buying a business or longer term working capital requirements.  

5.29 % PA
2 Year Fixed Rate - Residential Security
% PA
Features

  • Variable or fixed rates
  • Repayment term matched to the cash flow of the business
  • Preferred minimum amount $20,000, with no maximum
  • Interest-only, or principal and interest repayment terms available
  • Loan terms up to 25 years available against residential security, and up to 15 years against other security types
  • Access your additional repayments made in advance via online redraw
Mozo People's Choice Awards 2022
Rates

Residential Security
Interest Rate
1 year fixed
2 years fixed
3 years fixed
4 years fixed
5 years fixed
Variable
Interest Rate
4.99%
Interest Rate
5.29%
Interest Rate
5.49%
Interest Rate
5.69%
Interest Rate
5.99%
Interest Rate
4.60%
Rates Effective From 17/08/2022
Non-residential Security
Interest Rate
1 year fixed
2 years fixed
3 years fixed
4 years fixed
5 years fixed
Variable
Interest Rate
5.89%
Interest Rate
6.19%
Interest Rate
6.39%
Interest Rate
6.59%
Interest Rate
6.89%
Interest Rate
5.34%
Rates Effective From 17/08/2022
Interest Rate
Indicator Rate Residential Fully Drawn Loan
Indicator Rate Non-Residential Fully Drawn Loan
Rates Effective From 17/08/2022

The interest rate on this loan is calculated by reference to an Indicator Rate. The interest rate on your loan may be higher or lower than the Indicator Rate. See below for important information.

Fees

Monthly administration fee $20.00
Application fee Available upon application
Research tools
Guide to starting a business
How to open a business account
Tips on applying for a business loan
Business loan interest rates
More interest rates
Budget planner
Savings calculator
Term deposit calculator

Our Business Banking Specialists are available to answer any of your questions, so you can choose the product that best suits your needs. They can also help with setting up your business account, internet banking and lots more.  Tap here for live assistance.