Rates and fees verified as correct at 29 November, 2020. Other information correct at the time of writing. Advertiser disclosure.
| Product | Interest rate | Security type | Upfront fee |
|---|---|---|---|
| Business Line of Credit | 5.0% p.a. | Property Secured | 0.5% of loan amount (minimum $600) |
| Business Line of Credit (Commercial Security) | 4.45% p.a. | Commerical Property Secured | 0.5% of loan amount (minimum $600) |
| Business Overdraft | 5.53% p.a. | Property Secured | 0.5% of loan amount (minimum $600) |
| Business Overdraft (Commercial Security) | 6.2% p.a. | Commerical Property Secured | 0.5% of loan amount (minimum $600) |
| Business Term Loan | 4.1% p.a. | Property Secured | 0.5% of loan amount (minimum $600) |
| Business Term Loan (Commercial Security) | 4.4% p.a. | Commerical Property Secured | 0.5% of loan amount (minimum $600) |
| Business Term Loan (Fixed) | 3.81% p.a. | Property Secured | 0.5% of loan amount (minimum $600) |
| Business Term Loan (Fixed, Commercial Security) | 4.81% p.a. | Commerical Property Secured | 0.5% of loan amount (minimum $600) |
Example cost figure provides indicative minimum total repayments over 6 months on a $10,000 loan. Actual costs will vary depending on individual risk score as assessed by the lender.
† Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.
