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
3.69% p.a.Residential security rate
3.69% p.a.
3.69% p.a.
3.29% p.a.
4.59% p.a.
4.79% 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
2.99% p.a.Residential security rate
3.69% p.a.
3.29% p.a.
3.29% p.a.
4.19% p.a.
4.19% 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.
This product is not currently reviewed.
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Prospa
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Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
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from 24 hours
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
3%
from 24 hours
Prospa
Business Loan
Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.
3%
from 24 hours
