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A special variable rate of 3.25%p.a for approved applications submitted by 30 June 2020.1
You could borrow funds from $10,000, with rate and repayment options to suit your business.
Secure your loan with residential, rural and commercial property or cash. Unsecured loan options are also available.
Select between interest only or principal and interest repayments and set a frequency to match your cash flow needs.
Rates and fees differ based on the type of security you provide for your loan, your loan amount and other factors. We'll confirm what they are in your Letter of Offer. Fees include:
You may be asked for different documents to help us better understand your current situation, such as financial statements, proof of individual income, bank statements and identification (if you aren't an existing CommBank customer). Here's some more about documents you may need.
Choose from our range of business overdrafts, based on your business needs. Whether you’re a large or small business – we’ve got the right solution for you.
Finance for $10,000 or more for eligible vehicles and equipment.3
1 3.25% p.a. is the variable interest rate on fully-secured CommBank BetterBusiness Loans (BBLs) for terms of up to three years. 3.99% p.a. interest rate applies to partially-secured BBLs for terms of up to three years.
2 Not available for certain industries, loan purposes, transaction and security types, including Self-Managed Superannuation Funds (SuperGear) and Land Banking; Commercial Property Investor and Developer ANZSIC codes.
This information is current as at 3 April 2020 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. 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. For current interest rates, speak to your CommBank Business Development Executive. View our Current Terms and Conditions for Business Finance and CommBank business savings and transaction accounts and consider them before making any decision about this product.
3 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 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 on our website at commbank.com.au, from any of our branches or by phoning us on 13 2221, and should be considered before making any decision about these products. For current interest rates, visit commbank.com.au/business/rates-fees.
