SME Restarter Loan

SME Restarter Loan of up to $5 million available to eligible small or medium sized business customers1.

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

To support our business customers to recover and restart, eligible small to medium sized business customers1 can apply for a loan of up to $5 million. Available until 31 December 2021. This loan must be used for business purposes or the purchase of commercial property and is part of the Government SME Recovery Loan Scheme.

Your business could:

  • Borrow up to $5 million (subject to lending criteria)²
  • Terms up to 10 years
  • Funds available via redraw
  • Only pay interest on what you owe
  • Optional repayment holidays
  • Refinance existing debt 

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

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
  • Access the platform 24 hours a day, for funding available when you need it

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. 

1 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 Loan Scheme Rules including, impacted by coronavirus or other eligible criteria, be a small to medium sized business with an annual turnover less than $250 million in the financial years 2019-20, 2020-21 and/or 2021-22 and have an ABN. Under the Scheme Rules businesses are able to borrow up to a maximum of $5 million across all lending products and finance providers. 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. Applications can be made to 31 December 2021. Rates are subject to change. Fees, charges, terms and conditions apply. See full Government SME Recovery Loan Scheme Rules.

2 Credit provided by the Commonwealth Bank of Australia.  These products are 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 FinanceFinancial Services Guide and Business Transaction Account terms and conditions and consider them before making any decision about these products. Rates are subject to change. For current interest rates, visit business banking rates and fees. Fees, charges and Terms & Conditions apply.

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

Credit provided by the Commonwealth Bank of Australia.