As part of the Government Coronavirus SME Guarantee Loan Scheme Phase 2, we’re offering three, four and five-year BetterBusiness Loans of up to $1 million* to approved customers (lending criteria applies) for business purposes and purchase of commercial property. The rate is 3.99%pa variable rate for unsecured and partially secured loans, and 2.99%pa variable rate for secured loans*.
Loans for inter-group lending, purchase of residential property or financial products (such as shares), refinances (other than from other Government Coronavirus SME Guarantee Scheme loans) are excluded. To apply, please have your latest financial documents available to support your application, these could include; year ending June 2020 financial statements, most recent BAS statements and tax portals.
Once you’ve supplied a few details about your business in the application form, we’ll call you. If you have an immediate need for Financial Assistance, please talk with your Relationship Manager who will be able to assist you. Alternatively you can call our Business Financial Assistance team on 13 26 07 who are available 24/7.