Bank of Queensland Business Term Loan

Rates

• Rate type

  variable/fixed

• Variable rate

  5.10% p.a.Residential Security Base Rate

• Fixed 1 year rate

  4.49% p.a.

• Fixed 2 year rate

  4.49% p.a.

• Fixed 3 year rate

  4.49% p.a.

• Fixed 4 year rate

  4.59% p.a.

• Fixed 5 year rate

  4.79% p.a.

• Fixed 6 year rate

  n/a

• Fixed 7 year rate

  n/a

Fees

• Upfront fee

  0.75% of approved limit, min $750

• Ongoing fees

  $25 monthly

• Late payment fee

  $10.00

• Exit fee

  $350

• Early repayment penalty

  break cost admin fee $50

• Transaction fee

  not disclosed

Features

• Repayment frequency

  weekly, fortnightly, monthly

• Repayment types

  interest only, principal and interest

• Extra repayments allowed

  yes (variable only)

• Redraw allowed

  yes (variable only)

• Card access

  no

• Cheque access

  no

• Other benefits

  Discount of 0.15% p.a. with package

• Other restrictions

  none