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.
This product is not currently reviewed.
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
3%
from 24 hours
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
3%
from 24 hours
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
3%
from 24 hours
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
3%
from 24 hours
Heritage Bank
Fully Drawn Loan
2.95% p.a. Residential security rate
Secured
Negotiable
Heritage Bank
Line of Credit
3.75% p.a. Residential security rate
Secured
Negotiable
