The details shown below are for the Business Term Loan with a minimum amount of $10,000
The details shown below are for the Discounted Business Term Loan with a minimum amount of $200,000
Choose the version of this loan that suits you best
| Name | Minimum Amount | Maximum Amount | |
|---|---|---|---|
| | Business Term Loan | $10,000 | |
| | Discounted Business Term Loan | $200,000 |
Loan: $10,000
Loan: $200,000
variable/fixed
4.35% p.a.Residential Security Base Rate
4.09% p.a.
4.09% p.a.
4.09% p.a.
4.19% p.a.
4.39% p.a.
n/a
n/a
0.75% of approved limit, min $750
$25 monthly
$10.00
$350
break cost admin fee $50
not disclosed
weekly, fortnightly, monthly
interest only, principal and interest
yes (variable only)
yes (variable only)
no
no
Discount of 0.15% p.a. with package
none
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
3.49% p.a.Residential Security Base Rate
n/a
n/a
2.69% p.a.
2.69% p.a.
2.69% p.a.
n/a
n/a
0.75% of approved limit, min $750
$25 monthly
$10.00
$350
break cost admin fee $50
not disclosed
weekly, fortnightly, monthly
interest only, principal and interest
yes (variable only)
yes (variable only)
no
no
none
none
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.
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Prospa
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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
