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 | |
| $2,000 rebate on valuation fees when you apply by 30 November 2021 and be funded by 31 January 2022. Borrowings between $200,000 and $5,000,000. | |
| 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 | |
| 2.39% p.a. | |
| 2.69% p.a. | |
| n/a | |
| n/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.
Octet
Invoice Finance
0% for the first 60 days, then rates starting from 6%
On Application
Instant on approval
Waddle
Invoice Finance
6% - 11% p.a.
0.50% - 1.50% drawdown fee on each transaction
Same day
Waddle
Invoice Finance
6% - 11% p.a.
0.50% - 1.50% drawdown fee on each transaction
Same day
Waddle
Invoice Finance
6% - 11% p.a.
0.50% - 1.50% drawdown fee on each transaction
Same day
Waddle
Invoice Finance
6% - 11% p.a.
0.50% - 1.50% drawdown fee on each transaction
Same day
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 9.90% to 26.50% p.a.
3%
from 24 hours
