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IMB Bank Fully Drawn Business Loan (Commercially secured)

Advertiser disclosure

The details shown below are for the Fully Drawn Business Loan (Commercially secured, <$1mil) with a minimum amount of $100,000 and a maximum amount of $999,999

The details shown below are for the Fully Drawn Business Loan (Commercially secured, >$1mil) with a minimum amount of $1,000,000 and a maximum amount of $5,000,000

Choose the version of this loan that suits you best

  • Loan: $100,000 $999,999

  • Loan: $1,000,000 $5,000,000

Interest rate
2.99% p.a. Commercial security rate
Security type
Commerical Property Secured
Upfront fee
0.50%
Interest rate
2.99% p.a. Commercial security rate
Security type
Commerical Property Secured
Upfront fee
0.50%

Details

Rates and fees information correct as at 21 April 2021. 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

  • 2.99% p.a.Commercial security rate

  • 3.69% p.a.

  • 3.29% p.a.

  • 2.99% p.a.

  • 4.19% p.a.

  • 4.19% p.a.

  • n/a

  • n/a

Fees
  • 0.50%

  • $30 per month

  • $0.00

  • not disclosed

  • 2 months of interest at original loan rate within the first 3 years

  • not disclosed

Features
  • weekly, fortnightly, monthly

  • Interest Only

  • yes, up to 25% of original loan amount in 1st 3 yrs without penalty

  • yes

  • no

  • no

  • none

  • Rate shown is a base rate with LVR up to 65%. Final rate will depend on application

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 21 April 2021. 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

  • 2.99% p.a.Commercial security rate

  • 3.69% p.a.

  • 3.29% p.a.

  • 2.99% p.a.

  • 4.19% p.a.

  • 4.19% p.a.

  • n/a

  • n/a

Fees
  • 0.50%

  • $30 per month

  • $0.00

  • not disclosed

  • 2 months of interest at original loan rate within the first 3 years

  • not disclosed

Features
  • weekly, fortnightly, monthly

  • Interest Only

  • yes, up to 25% of original loan amount in 1st 3 yrs without penalty

  • yes

  • no

  • no

  • none

  • Rate shown is a base rate with LVR up to 65%. Final rate will depend on application

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 is not currently reviewed.

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