Bank of Queensland logo

Bank of Queensland Business Term Loan

Advertiser disclosure
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

  • Loan: $10,000

  • Loan: $200,000

Interest rate
11.02% p.a. Residential Security Base Rate
Security type
Residential
Upfront fee
$0 Application fee when you apply by 30 June 2024 for a loan between $200,000 and $3,000,000.
Interest rate
7.74% p.a. Residential Security Base Rate
Security type
Residential
Upfront fee
$0 Application fee when you apply by 30 June 2024 for a loan between $200,000 and $3,000,000.

Details

Rates and fees information correct as at 29 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

variable/fixed

11.02% p.a.Residential Security Base Rate

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0 Application fee when you apply by 30 June 2024 for a loan between $200,000 and $3,000,000.

$25 monthly

$10.00

$350

break cost admin fee $50

not disclosed

Features

weekly, fortnightly, monthly

interest only, principal and interest

yes (variable only)

yes - limited for fixed rates (up to $10,000 every 12 months)

no

no

none

Loan-to-Value Ratio up to 90% available.

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.

Details

Rates and fees information correct as at 29 March 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

variable/fixed

7.74% p.a.Residential Security Base Rate

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$0 Application fee when you apply by 30 June 2024 for a loan between $200,000 and $3,000,000.

$25 monthly

$10.00

$350

break cost admin fee $50

not disclosed

Features

weekly, fortnightly, monthly

interest only, principal and interest

yes (variable only)

yes - limited for fixed rates (up to $10,000 every 12 months)

no

no

none

A margin of 0.20% will apply to lending with a Loan-to-Value Ratio of >80% for residentially secured loans.

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.

Customer Reviews

This product does not currently have any community reviews. Be the first to write one.

About Bank of Queensland

Thumbnail icon for Lumi
Lumi

Unsecured Business Loan

from 9%

Within same day

Thumbnail icon for Octet
Octet

Invoice Finance

0% for the first 60 days, then rates starting from 6%

On Application

Instant on approval

Thumbnail icon for Prospa
Prospa

Business Loan

Interest rates vary based on risk.

3.5%

from 24 hours

Thumbnail icon for ScotPac
ScotPac

Boost Business Loan

from 14.00% p.a.

Details on application

From 24 hours

Thumbnail icon for Lumi
Lumi

Unsecured Business Loan

from 9%

Within same day

Thumbnail icon for Octet
Octet

Invoice Finance

0% for the first 60 days, then rates starting from 6%

On Application

Instant on approval

Thumbnail icon for Prospa
Prospa

Business Loan

Interest rates vary based on risk.

3.5%

from 24 hours

Thumbnail icon for Lumi
Lumi

Unsecured Business Loan

from 9%

Within same day

Thumbnail icon for Octet
Octet

Invoice Finance

0% for the first 60 days, then rates starting from 6%

On Application

Instant on approval

Thumbnail icon for Prospa
Prospa

Business Loan

Interest rates vary based on risk.

3.5%

from 24 hours

Thumbnail icon for Lumi
Lumi

Unsecured Business Loan

from 9%

Within same day

Thumbnail icon for Octet
Octet

Invoice Finance

0% for the first 60 days, then rates starting from 6%

On Application

Instant on approval

Thumbnail icon for Prospa
Prospa

Business Loan

Interest rates vary based on risk.

3.5%

from 24 hours

Compare other business loans