Bank Bill Business Loan

 General Lending Rates

 Product Features

• Other Additional Information: Market linked pricing, with simple interest in arrears calculation

• Other Additional Information: Short or long term funding aligned to the life of the underlying asset and/or to match customer cash flow

• Other Additional Information: Variable or fixed rate options available

• Other Additional Information: Flexible repayment options are available

• Digital Banking Additional Information: Business Banking Online access.

• Other Additional Information: Automatic rollovers

• Other Additional Information: Variable Rate Facilities: Ability to make additional repayments without penalty

• Other Additional Information: Fixed Rate Facilities : Provides interest rate certainty for the duration of the fixed interest term

• Other Additional Information: Available repayment includes Interest Only, Interest only capitalised (Variable rates Only), Interest only in advance (Fixed rate loans only), Principal and interest with no residual, Principal and interest with a residual balance on interest only, Interest only then principal and interest, Interest only then principal and interest with residual balance and Regular fixed principal payment amounts plus interest payable

• Other Additional Information: Repayment Frequency : Payment periods can be set as: Monthly, Quarterly or Half-yearly

• Redraw Additional Information: Redraw facility is available for certain draw down arrangements

• Other Additional Information: Supported by specialist relationship managers, locally based in metropolitan and regional centres throughout Australia

• Other Additional Information: Interest rates linked to the bank bill swap rate

• Other Additional Information: Rollover every 30, 60, 90, 120, 150, or 180 days

• Extra Repayments Additional Information: Subject to terms and conditions, this product includes extra repayment features.

• Relationship Management Additional Information: Relationship management is available for eligible customers.

• Other Additional Information: Loan term up to 30 years, depending on rate option chosen and security provided

 Product Eligibility

• Business Additional Information: New and existing business customers. The loan should be used for business and/or investment purposes

• Other Additional Information: This product is applicable for commercial Banking Industry & Property customers

• Other Additional Information: Applicants may be individuals, businesses, partnerships or trustees

• Min Age - 18. Additional Information: An individual 18 years and above

• Other Additional Information: A business entity or an individual 18 years and above, domiciled in Australia and require the funding wholly or predominantly for business purposes

• Other Additional Information: Meets the credit criteria and credit policy requirements under an applicable offer for this product.

 Bank Fees and Charges

• Line Fee (Variable), Amount: Not Listed.. Additional Information: Negotiable % p.a. This fee is calculated daily from the date of first drawdown. It is Payable in arrears on the last business day of each repayment period and depends on the facility limit.

• Loan Service Fee (Periodic), Amount: 40.00. Additional Information: This fee is payable in line with the Repayment Period (i.e. monthly, quarterly, or half-yearly) and is debited from customer's nominated account (For example if quarterly repayments the fee would be $120.00 per quarter) This can be waived with TPC approval.

• Lending Establishment Fee (Variable), Amount: Not Listed..

• Valuation Costs - Residential Property (Variable), Amount: Not Listed.. Additional Information: Standard residential valuation costs for business bank are not passed onto the customer.

• Valuation Costs - Commercial Property (Variable), Amount: Not Listed.. Additional Information: Commercial valuation report costs will vary between each panel valuer firm.

• Discharge Fee (Event), Amount: 350.00. Additional Information: Payable when we agree to discharge a security linked to the facility

• Break Cost Fee (Variable), Amount: Not Listed.. Additional Information: Break costs may be incurred when - Changes are made to the repayment type, or the borrower makes repayments in excess of any scheduled repayment arrangements during a fixed interest rate period, even if that repayment is required because they are in default, or the facility is paid out before the expiry of the fixed rate term, or switching all or part of a fixed rate facility to another fixed or variable rate, or if the fixed rate loan is not drawn down in full within 14 days after acceptance. Break Costs are charged in addition to any Administration Fee payable.

 Limitations & Restrictions (Constraints)

• Min Limit of 250000.00