Business Lending

Looking for funds to build your business, or new ways to structure your debt? You’ll find the right lending option here:

• Floating Rate Business Loans - for flexibility and market-related rates
• Fixed Rate Business Loans - for the certainty of a locked-in interest rate
• Bill-Priced Revolving Credit Facilities - benefit from wholesale interest rates for large credit facilities
• Current Account Overdraft Facility - an all-in-one working capital account option
• Business Flexible Facility - a secured line of credit you control
• Visa Business card - a revolving line of credit for short-term cashflow management.

Floating Rate Business Loans

• A choice of regular repayment options
• The flexibility to make lump sum repayments at any time
• Interest rates reviewed in line with market rates.

Our lending criteria and an application fee of up to 1% apply. Additional commercial lending margins may apply.

Fixed Rate Business Loans

• A locked-in interest rate that won't change for the agreed term (up to 5 years)
• Repayments stay the same during the fixed rate term - so you can budget and plan your cashflow with confidence
• A range of repayment options to suit your needs.

Our lending criteria and an application fee of up to 1% apply. Additional commercial lending margins may apply.

Bill-Priced Revolving Credit Facilities

• A line of credit you can use up to a pre-set limit for any purpose, at any time
• Interest rate based on the wholesale commercial bills debt market
• Flexible and convenient - draw down or repay funds at any time
• Use surplus funds to keep debt to a minimum
• Economical for larger credit facilities.

Our lending criteria, an application fee of up to 1% and an overdraft management fee (calculated as a percentage of the agreed limit or the overdrawn balance - whichever is greater) apply. Additional commercial lending margins may apply.

Current Account Overdraft Facility

Turn your Business Current Account into an all-in-one working capital account solution, incorporating all your transactional, day to day banking and funding requirements by applying for an overdraft facility.

How it works:

To structure an overdraft facility to meet your specific needs, we work with you to review:

• The amount of overdraft facility you require
• How often you expect to use it
• The volume of transactions running through your account.

Our lending criteria, an application fee of up to 1% of limit (negotiable on larger limits; $25.00 minimum) and a monthly facility fee of 0.12% with a $5.00 minimum charge (calculated as a percentage of the agreed limit or the overdrawn balance – whichever is the greater)* and overdraft interest rates, apply.

*An unarranged overdraft fee of $10 per month applies if you exceed your approved overdraft limit or your account becomes overdrawn by more than $20 for more than one day.

Business Flexible Facility

A line of credit that you control, with the convenience of a current account. Secured against residential property.

Benefits:

• Use it as and when you need it - for cashflow, capital investment, or both
• You can pay off the balance or re-draw up to your limit at any time
• You have access to your credit through the full range of day to day transactional options - including cheques, EFTPOS, Online Banking and touchtone phone banking.

Our lending criteria, an application fee and an overdraft management fee apply. Business lending margins may apply.

More Information

Our Business Banking Managers can help you choose the right lending option for your business and the best way to structure your debt. They're experienced bankers, with access to specialist skills in areas like franchising, exporting/importing and Merchant Services.

Call 0800 16 88 88 and we will put you in touch with the Business Banking Manager nearest you.

For all business lending facilities, our lending criteria apply.