Tailored solutions for veterans

CommBank is proud to support veteran community owned businesses. We have a range of products, partnerships and business solutions to suit your needs. Our national network of specialised veteran business bankers are equipped with the knowledge to help you successfully transition from service into owning and growing your own business.

Veteran business owners sometimes transform their skills from Defence into business ideas. We can help you complement your state-of-the-art technical skills with advanced business skills. Our small business resources will help you get started or talk to one of our dedicated business bankers at veteranbusiness@cba.com.au

Imagery credit: Department of Defence. © Commonwealth of Australia.

  • Business Transaction Account

    An everyday business bank account that you can open online.1

    • $0 monthly account fee option2
    • Set up an automated bank feed with your accounting software, to help with bookkeeping
    • Alerts when you get paid or need to top up our account3

    Open business account

  • BetterBusiness Loan

    A simple loan to help you manage or grow your business.

    • For special pricing on the BetterBusiness Loan, contact veteranbusiness@cba.com.au
    • The flexibility to choose a fixed or variable interest rate, your loan term, repayment frequency and type (interest only, principal and interest, or both), and loan security type
    • Easily manage your loan – view your loan balance, transactions and access redraw via NetBank and CommBank app

    Explore BetterBusiness Loan

  • Car & equipment finance

    Finance options to meet your needs, with competitive equipment loan, hire purchase and finance lease solutions.

    • Be rewarded for a good payment history
    • $0 upfront deposit and no monthly fees
    • Receive prompt funding after you sign your agreement online.

    Explore asset finance

Supporting the veteran community

CommBank is honoured to have a meaningful connection with the veteran business community. Through our partnerships with the King’s Trust and Veteran Community Business Chamber we are providing resources to help veterans (and their families) transition to business ownership.

The winner of the Commonwealth Bank Business of the Year – The King’s Trust Beyond Service Awards demonstrates excellence and outstanding achievement in various aspects of business such as growth, leadership and community impact. 2023 winner – veteran owned business Australian Warfighter Coffee signifies a high level of success, outstanding collaboration and support within the veteran community.

Veteran Community Business Chamber

We're delivering business skills sessions through our sponsorship of the Veteran Community Business Chamber

King's Trust Enterprise Connect

We're honoured to sponsor the King’s Trust Australia Commonwealth Bank Beyond Service Award. 

Veterans news, insights and guidance

'A pipe dream turned reality': Veterans making moves in the business world

Matt Lewis is one of more than 30,000 veterans turning their learned experiences in the Australian Defence Force into business skills.

How to start a business

Starting a business can feel exciting and overwhelming. If you’re not sure how to begin, here are some actions you can take.

Tools & partners

Flying Solo

Receive 50% off a Flying Solo ‘Business Class’ membership for one year to help you attract more leads, grow your network and sharpen your business skills.

Flying Solo


Automatically split purchases of $100 or more into four equal, fortnightly repayments.


Daily IQ

A free business insights tool for eligible CommBank business customers.

Daily IQ

More Telecom

Eligible businesses can save 30%, with the option to receive free phone hardware and modem on 24 month contract. T&Cs apply. 


QuickBooks offer

This small business accounting software and app allows you to manage your business anywhere, anytime. As part of our partnership, receive 50% off a QuickBooks subscription for 6 months.


Cyber Security Assessment Tool

Answer a series of questions about your organisation's practices and understandings around hardware, software, security measures and compliance obligations. A free, tailored report is generated with next-step actions provided in priority order.

Cyber Security Assessment Tool

Energy Flex – Get free personalised energy insights

Access free personalised insights that may help you reduce your energy bill and emissions with Veteran Owned EnergyFlex.

Expires 27 March 2025

More about EnergyFlex

Support & grants

Answer a few simple questions and we’ll help you find grants, rebates and support you may be eligible to claim. 

New Enterprise Incentive Scheme

Serving members of the Australian Defence Force (ADF), and eligible family members, with an identified transition date may be eligible to participate in New Business Assistance with NEIS.

Skilling Australia’s Defence Industry Grants Program

Businesses servicing the defence sector may be eligible for this grants program. The program provides for upskilling and training opportunities for eligible businesses and associations.

Four Steps to a Growth Mindset

Brought to you by Accenture, this bite-size lesson is perfect to snack on if you’re short on time.

Ready to start your business?

Please select ‘Veterans’ as your industry on the eform to be connected to a specialised business banker. Alternatively, email veteranbusiness@cba.com.au

Request a call back

Things you should know

  • As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on this advice, consider its appropriateness to your circumstances.  You can view the Terms and Conditions for Business Transaction and Savings AccountsTerms and Conditions for Asset Finance, our Financial Services Guide and the Electronic Banking Terms and Conditions and should consider them before making any decision about these products and services. Applications for credit cards and credits are subject to credit approval. Full terms and conditions will be included in our Letter of Offer. Bank fees and charges may apply. CommBank isn’t responsible for the quality, content, nature or reliability of any linked site. We’re providing these links as a convenience only and we’re not responsible for your use of any linked site.

    The target market for these products will be found within the product’s Target Market Determination, available here.

    1 You can only open an account online if you're a new or existing customer who is either a sole trader or director of a private company (Pty Ltd). You'll need to set up your business with us so we can verify your business details with ASIC. Once your beneficial owners and nominated directors have verified their ID (we'll email them instructions to do this online), you'll be able to open and start using your account. You'll be providing information to us on behalf of directors and owners in accordance with our Privacy Policy - make sure you've got their permission to do so before you start.

    2 May be suitable if you bank mostly online. Pay $5 per assisted transaction.

    3 The Bank does not charge for the alerts service, but you may incur message and data charges from your telecommunications service provider. Alerts are sent in real-time 24/7. Delivery of alerts may be delayed for various reasons, including service outages affecting your phone, wireless or internet provider; technology failures; and system capacity limitations. Please check your available funds before entering into any transactions. Alerts may be suspended by the Bank at any time without notice.

    © Commonwealth of Australia. Photo credit: Australian Defence Force