Features & benefits

Improve your cash flow

Conserve your cash so it can be used for other purposes to run and grow your business.

Flexible security options

Secure your bank guarantee with a wide range of assets, including cash, commercial property and residential property.

Earn interest on secured cash

Choose from a number of investment accounts including term deposits to earn interest when you're using cash to secure your bank guarantee.

Sign your documents online

Execute and accept your bank guarantee documents online securely using SmartSign. Applies to cash covered bank guarantees under $250,000. Other conditions apply.

No maximum amount

Customise a guarantee that meets your requirements.

Rates & fees

Fees differ based on the type of security provided for your Bank Guarantee.

Security: Cash covered up to $1m

Fees
Amount
Establishment fee
$250 or 0.25% of Bank Guarantee amount, whichever is greater
Ongoing Guarantee Fee with expiry date
2.50% p.a. of the Bank Guarantee amount charged half-yearly in advance (minimum of $250 p.a.)
Ongoing Guarantee Fee with no expiry date
3.00% p.a. of the Bank Guarantee amount charged half-yearly in advance (minimum of $250 p.a.)

Security: Other assets or third-party security

Fees
Amount
Establishment fee
Will be calculated and advised at establishment and confirmed in the Letter of Offer
Ongoing fee
Will be calculated and advised at establishment and confirmed in the Letter of Offer

How to apply

  1. Call your Small Business Specialist, Relationship Manager or visit your local branch
  2. Provide the required information and documentation
  3. Sign the security documents and accept the Bank Guarantee3

If you have an existing Bank Guarantee Limit

Apply via your CommBiz account or in NetBank.

Other loan options

Business line of credit

A revolving line of credit giving you the flexibility to pay for expenses and free up cash flow when you need it. Available for amounts from $50,000.

Tell me more

Agribusiness line of credit

Specifically designed for agribusiness customers for expansion and investment.

Tell me more

Things you should know

1You can choose to accept the Bank Guarantee via your Small Business Specialist, Relationship Manager or in your local branch. Alternatively, you can elect to have the Bank Guarantee emailed directly to your customer or supplier.

Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan Offer. Bank fees and charges may apply.

As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. View our Current Terms and Conditions for Business Finance (PDF 522kb) and Financial Services Guide (PDF 59kb) and consider them before making any decision about this product.

Terms and conditions issued by Commonwealth Bank of Australia ABN 48 123 123 124 for CommBiz and NetBank are available online, or can be requested at any of our branches or by phoning us on 13 1998. Terms and conditions should be considered before making any decision about these products.