IMB Bank Fully Drawn Business Loan (Residentially secured)

4.29% p.a.residential security rate

Property Secured

0.50%

Rates

  • variable

  • 4.29% p.a.residential security rate

  • none

  • none

  • none

  • none

  • none

  • none

  • none

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, principal and interest

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

  • yes

  • no

  • no

  • none

  • none

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