The details shown below are for the Business Term Loan with
The details shown below are for the Business Term Loan (Commercial Security) with
Choose the version of this loan that suits you best
| Name | Minimum Amount | Maximum Amount | |
|---|---|---|---|
| | Business Term Loan | ||
| | Business Term Loan (Commercial Security) |
Loan:
Loan:
| variable | |
| 4.10% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| 0.5% of loan amount (minimum $600) | |
| $20 per month | |
| n/a | |
| varies | |
| n/a | |
| n/a |
| Monthly | |
| Principal & Interest, Interest Only | |
| yes | |
| yes | |
| no | |
| no | |
| none | |
| Default interest rate of 4.50% applies to late payments |
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.
| variable | |
| 4.40% p.a. | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a | |
| n/a |
| 0.5% of loan amount (minimum $600) | |
| $20 per month | |
| n/a | |
| varies | |
| n/a | |
| n/a |
| Monthly | |
| Principal & Interest, Interest Only | |
| yes | |
| yes | |
| no | |
| no | |
| none | |
| Default interest rate of 4.50% applies to late payments |
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.
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
Zip Business Trade
Business Trade Plus Account
0% for the first 60 days, 3% extension fee
$0 for up to first 60 days
Instantly, once approved
Thornmoney
Business Line of Credit
On application, from 5%. Based on facility size.
0.5%
same day
