Compare Business Banking Packages

By Mozo ·

It's important for a small business to establish a relationship with a bank, as you may one day want to ask for a business loan or demand a mates rate on fees. 

While one institution is unlikely to have the best possible deal for every small business bank product, you could win out in the end by taking out a small business package encompassing business bank accounts, business savings account products, business credit cards and more.

Page last updated November 21, 2020

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Search promoted business loans below or do a full Mozo database search. Advertiser disclosure.

  • Fully Drawn Loan

    2.95% p.a. variable

    Negotiable

    Varies

    Details
  • Invoice Finance

    On Application

    $0.00

    24 hours

    Details
  • Hot DealNo repayments on loans for the first 8 weeks (T&Cs apply, offer ends 31st December)

    Business Loan

    Interest rates vary based on risk. Rates range from 14.95% to 24.95% p.a.

    3%

    from 24 hours

    Details
  • Invoice Finance

    from 6.00% p.a.

    On Application

    from 24 hours

    Details
  • Business Loan

    On Application

    $0.00

    48 Hours

    Details

PROS of a small business package

  • Having a relationship with a bank will help if you need a small business loan down the track. It should also bring better customer service.
  • With multiple accounts (should) come discounts on fees. Negotiate a good deal if you're bringing lots of business.
  • It's endlessly easier to have all your accounts with the one provider: for accounting, for management, and for sanity.

CONS of a small business package

  • There's always going to be a slightly better term deposit or cheaper business credit card with someone else. But you might find that constantly switching for the best deal, or having accounts with multiple institutions, is not worth the money it saves.

Looking for a business loan? Check out our top loans below.

^See information about the Mozo Experts Choice Business Loans Awards

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