Business opportunities can pop-up unexpectedly and we understand that you want to act quickly when they do. That’s why we’ve launched BizExpress.
You could receive same-day conditional approval* on BetterBusiness Loans and Business Overdrafts with fast access to funds and less paperwork, helping you keep your business moving forward.
As an existing CommBank business customer, you could apply via BizExpress and receive same-day conditional approval.
If approved, once you’ve returned your contract, you could access your funds within five business days.
We use the information we already have to reduce the number of documents required to assess your application.
Choose a secured BetterBusiness Loan or Business Overdraft amount up to $1M or unsecured loan amount up to $250k.
There is no establishment fee for unsecured BetterBusiness Loans and Business Overdrafts under $250,000. Other fees apply.
If you meet the eligibility criteria above, request a call back to speak to one of our Lending specialists.
We won’t need much more information from you. However, you may want to try and have some of these documents on hand or know how you can find them so that we can assess your application quickly.
BizExpress is a new application process that makes it simpler and faster for customers to apply for business lending. It uses the information we already have to reduce the number of documents required to assess an application and enable a faster decision.
Eligibility for BizExpress is based on a number of factors, including the amount of information we already have about you, the purpose of the loan, the industry you operate in and the size of your business. As a general guide, refer to the eligibility criteria.
If you are eligible for BizExpress, you could receive a same day conditional approval. If approved, once you’ve returned your contract, you could access your funds within five business days.
Wherever possible we will use the information we already have to reduce the number of documents required to assess your application. In some cases we may request supporting documents to help assess your application, including:
Yes, our Business Lending specialist will discuss the best option with you.
Request a call back from one of our Lending Specialists or speak to your Business Banker for more information.
* This product is only available to approved business customers and for business purposes only. Applications for finance are subject to the Bank’s eligibility and suitability criteria and normal credit approval processes. View our Current Terms and Conditions for Business Finance and CommBank business savings and transaction accounts and consider them before making any decision about these products.
For current interest rates, visit the Business Banking rates and fees page.