SME Recovery Loan Scheme

SME Recovery Loan Scheme of up to $5 million may be available to eligible customers* with small or medium sized businesses.

Find the right loan or finance option

A simple loan to help you manage or grow your business. It can be secured or unsecured with flexible repayment options. Existing customers may be eligible for a lending decision within 24 hours with BizExpress.

Your business could:

  • Borrow from $10,000 for business purposes
  • Make extra repayments and access them with redraw
  • Pay interest only on the amount you owe
  • Get flexibility in how you repay your loan 

Find out more

car and truck loans

Purchase an asset for your business and pay it back over a set term.

Your business could: 

  • Borrow from $20,000 to fund a car or equipment for business purposes
  • Receive a discount for purchasing eligible energy efficient equipment
  • Reduce repayments by paying a lump sum at the end of the loan term

A highly flexible loan with transparent pricing to support your business to grow, and repayment options to meet your cash flow cycle. 

Your business could: 

  • Borrow from $500,000
  • Get flexibility in how you structure your loan 
  • Have multiple loans within one facility that has an overall limit

Calculate what your loan repayments might be 

Cover a cash flow shortfall

Access additional funds directly from your business transaction account, to manage your business cash flow or unexpected expenses. 

Your business could: 

  • Borrow $2,000 or more
  • Get the convenience of extra funds linked directly to your transaction account

Find out more

Coming Soon: Stream Working Capital

Unlock cash tied up in outstanding invoices to help you manage your cash flow more effectively.

Your business could:

  • Borrow up to 80% of the value of outstanding invoices.
  • Get credit approval and funding in as little as three days

Find out more

Guarantee a payment

Use this to help give a landlord, customer or supplier certainty that you can make a payment.

Your business could:

  • Need to promise payment to a third party
  • Need to provide a landlord a rental bond for a tenancy
  • Use either cash or property to provide security to the Bank

Find out more

Things you should know

As this information has been prepared without having regard for your individual and/or business objectives, financial situation or needs, you should, before acting on this information, consider its appropriateness to your circumstances. This information is current as at 25 August 2021 and is prepared without taking into account your individual and/or business needs and objectives.  CommBank has the right to change or cancel this offer at any time without notice.  The statements and content of this fact sheet have been sourced from various government publications and summarised. CommBank disclaims, to the extent permitted by law, all warranties, representations or endorsements, express or implied, with regard to the material and does not accept any liability in relation to the quality, operability or accuracy of the material. 

These products are only available to approved business customers and for business purposes only

 Customers need to meet eligibility criteria of the Government SME Recovery Scheme: small to medium sized businesses with up to $250 million turnover, those self-employed, and not-for-profits and have an ABN.

This offer cannot be used to purchase residential property or financial products, or to provide loans to associated entities. 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 Asset Finance and CommBank business savings and transaction accounts and consider them before making any decision about these products. Rates are subject to change. Fees, charges and Terms & Conditions apply. For current interest rates, visit Business banking rates and fees.

The statements and content of this fact sheet have been sourced from various government publications and summarised. CommBank disclaims, to the extent permitted by law, all warranties, representations or endorsements, express or implied, with regard to the material and does not accept any liability in relation to the quality, operability or accuracy of the material.

Please view our Merchant AgreementFinancial Services Guide and Operator and User Guides at our Merchant Support Centre.