A Bank of us business loan can help your business expand or take advantage of market place opportunities.
We can provide funding for commercial activities, including the purchase of a business or commercial property. It could also be for a business development, motor vehicle purchase or to enhance the operation of your current business.
In certain circumstances, you can also benefit from interest-only arrangements, which allow you to minimise your regular repayments. This may be beneficial in many circumstances for tax management reasons or to give you flexibility with your cashflow.
Bank of us lending criteria, terms and conditions including fees and charges apply. Full details of all the relevant fees and charges, interest rates and terms and conditions are available on application. Interest rates are subject to change without notice and should be verified with your local branch.
^Security to comprise a registered first mortgage over freehold property in Tasmania (other security may also be required).
*Commercial Facility Variable Rate interest rate plus a margin applies.
#Subject to satisfying the minimum monthly repayment commitment detailed in the loan contract.
|Loan Type||Fixed Rate (p.a.)||Variable Rate (p.a.)|
|Commercial Facility – Principle & Interest||Available on application||Available on application|
|Commercial Facility – Interest Only||n/a||Available on application|
|Business Overdraft||n/a||Available on application|