Commercial Loan

Secured loan for commercial purposes, including the purchase of the commercial premises for business or investment purposes and overdraf facitlies
Category: Business Loans  Last Updated April 23, 2025  Effective May 7, 2025

 General Lending Rates

Rates listed below are for a FIXED INVESTMENT P&I product. Additional Information
Interest Rate
6.24% 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..
  INVESTMENT, VARIABLE, 8.25%
  • Lending Rate Type: Variable
  • Interest Rate: 8.25%, Comparison Rate 0.00%
  • Repayment Type: Principal And Interest
  • Loan Purpose: Investment

 Product Features

  • Overdraft
  • Redraw

 Product Eligibility

  • Business
  • Natural Person
  • Min Age - 18.

 Bank Fees and Charges

  • Account Keeping Fee (Periodic), Amount: 12.00.
  • Arrears Fee (Periodic), Amount: 25.00. Additional Information: For loans in arrears two month or more
  • Additional Redraw Fee (Event), Amount: 20.00. Additional Information: Payable in respect of each redraw in a month after the first free redraw
  • Bank Cheque Fee (Event), Amount: 12.00. Additional Information: Payable for each cheque from a Bank (other than Cairns Bank) you request
  • Corporate Cheque (Event), Amount: 10.00.
  • Discharge Preparation Fee (Event), Amount: 60.00. Additional Information: When the balance is repaid in full and a Form 3 is prepared
  • Discharge Settlement Fee (Event), Amount: 100.00. Additional Information: When required to attend at settlement
  • Variation Of Loan Contract Fee (Event), Amount: 200.00. Additional Information: Payable when you apply to vary a loan contract
  • Subsequent Dealing Fee (Event), Amount: 200.00. Additional Information: When you apply for consent to a subsequent dealing with the mortgaged property
  • Inward Dishonour Fee (Event), Amount: 20.00. Additional Information: If a cheque received by the Credit Provider is dishonoured this fee will be debited to your account. After that debit is made, this fee is payable as part of the balance
  • Commercial Loan Application (Upfront), Amount: Not Listed.. Additional Information: Minimum Fee of $500

 Limitations & Restrictions (Constraints)

  • Min Limit of 5000.00