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Suncorp Business Essentials Term Loan

Advertiser disclosure
The details shown below are for the Business Essentials Term Loan - Special Offer (Residential Security) with a minimum amount of $20,000 and a maximum amount of $5,000,000
The details shown below are for the Business Essentials Term Loan - Special Offer (Commercial Property Secured) with a minimum amount of $20,000 and a maximum amount of $5,000,000

Choose the version of this loan that suits you best

  • Loan: $20,000 $5,000,000

  • Loan: $20,000 $5,000,000

Interest rate
6.94% p.a. Residential Property Security Rate for borrowers with a LVR up to 80%
Security type
Residential Property Secured
Upfront fee
$1000 or 0.25% of loan amount if borrowed over $1,000,000
Interest rate
7.49% p.a. Residential Security Rate for LVRs <80%
Security type
Commerical Property Secured
Upfront fee
$1000 or 0.25% of loan amount if borrowed over $1,000,000

Details

Rates and fees information correct as at 12 September 2024. 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

6.94% p.a.Residential Property Security Rate for borrowers with a LVR up to 80%

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$1000 or 0.25% of loan amount if borrowed over $1,000,000

$15 per month

$20.00

$350

no

n/a

Features

monthly

Principal & Interest, Interest Only

yes

none

no

no

No minimum loan term. Can be linked to Business Everyday account to offset business income and savings against the loan.

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.

Details

Rates and fees information correct as at 12 September 2024. 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

7.49% p.a.Residential Security Rate for LVRs <80%

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Fees

$1000 or 0.25% of loan amount if borrowed over $1,000,000

$15 per month

$20.00

$350

no

n/a

Features

monthly

Principal & Interest, Interest Only

yes

none

no

no

No minimum loan term. Can be linked to Business Everyday account to offset business income and savings against the loan.

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.

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