The details shown below are for the Fully Drawn Business Loan (Residentially 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 (Residentially 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
| Name | Minimum Amount | Maximum Amount | |
|---|---|---|---|
| | Fully Drawn Business Loan (Residentially secured, <$1mil) | $100,000 | $999,999 |
| | Fully Drawn Business Loan (Residentially secured, >$1mil) | $1,000,000 | $5,000,000 |
Loan: $100,000 $999,999
Loan: $1,000,000 $5,000,000
| variable/fixed | |
| 2.89% p.a.Residential security rate | |
| 3.39% p.a. | |
| 2.99% p.a. | |
| 2.59% p.a. | |
| 3.89% p.a. | |
| 3.89% p.a. | |
| n/a | |
| n/a |
| 0.50% | |
| $30 per month | |
| $0.00 | |
| not disclosed | |
| 2 months of interest at original loan rate within the first 3 years | |
| not disclosed |
| weekly, fortnightly, monthly | |
| interest only, principal and interest | |
| yes, up to 25% of original loan amount in 1st 3 yrs without penalty | |
| yes | |
| 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.
| variable/fixed | |
| 2.89% p.a.Residential security rate | |
| 3.39% p.a. | |
| 2.99% p.a. | |
| 2.59% p.a. | |
| 3.89% p.a. | |
| 3.89% p.a. | |
| n/a | |
| n/a |
| 0.50% | |
| $30 per month | |
| $0.00 | |
| not disclosed | |
| 2 months of interest at original loan rate within the first 3 years | |
| not disclosed |
| weekly, fortnightly, monthly | |
| interest only, principal and interest | |
| yes, up to 25% of original loan amount in 1st 3 yrs without penalty | |
| yes | |
| 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
