Bendigo Bank Small Business Term Loan (Unsecured)

Rates

• Rate type

  variable

• Variable rate

  9.54% p.a.Unsecured Rate

• Fixed 1 year rate

  n/a

• Fixed 2 year rate

  n/a

• Fixed 3 year rate

  n/a

• Fixed 4 year rate

  n/a

• Fixed 5 year rate

  n/a

• Fixed 6 year rate

  n/a

• Fixed 7 year rate

  n/a

Fees

• Upfront fee

  $800

• Ongoing fees

  $180 yearly

• Late payment fee

  $0.00

• Exit fee

  not disclosed

• Early repayment penalty

  not disclosed

• Transaction fee

  not disclosed

Features

• Repayment frequency

  monthly

• Repayment types

  principal and interest

• Extra repayments allowed

  not disclosed

• Redraw allowed

  no

• Card access

  no

• Cheque access

  no

• Other benefits

  none

• Other restrictions

  Annual Review Fee - $50 or 0.25% of the total business lending facility limits, whichever is the greater, to a maximum of $800.