Help & support
Cover business costs like buying inventory, funding investments and expanding into new markets.
Choose a variable or fixed interest rate, loan term, repayment type and frequency that suits you.
Track your loan online and if eligible, make extra repayments or adjust them and redraw funds.
If you already bank with us, apply in NetBank and get an instant decision1 and funds within minutes.
Depending on your security type, your loan term can be up to 30 years.2 You can choose to secure your loan with an asset like residential and/or commercial property, or choose an unsecured option.
Rates listed are reference rates, interest rate margins may apply.
Rates depend on your individual circumstances, including loan term, loan amount and type of security.
We’ll confirm your rates in your Letter of Offer.
Variable Rate – residentially secured (Residential Equity Rate)
Variable Base Rate
You can make principal and interest or interest only repayments. You can also choose a combination of both – for example, interest only repayments for a set period, then principal and interest repayments.
If you’re on a variable interest rate, you can make additional repayments to pay off your loan faster and reduce the total interest you pay over time.
You can make additional one-off lump sum repayments or regularly pay more than your minimum required repayment.
If you're on a variable interest rate, you can withdraw any extra repayments you make any time.
For redraw balances over $100,000, a redraw balance fee of 0.49% p.a. applies. This fee is calculated daily and charged monthly in arrears.
You can easily access your redraw online, through NetBank, the CommBank app or CommBiz.
Apply in NetBank if you're a CommBank customer.
If you prefer to speak to someone, you can book an appointment.
Book an appointment if you're not an existing CommBank customer.
One of our specialists will call you to talk about your options.
A small business loan is an amount borrowed from a lender that’s repaid over time, with interest. There are a range of different loans available for small businesses. These include term loans like the BetterBusiness Loan and Car & equipment finance.
Any size business, including small businesses are eligible for a BetterBusiness Loan.
You may be asked to provide some documents when applying for a business loan, including financial statements, proof of individual income, bank statements and identification.
A redraw facility lets you access additional repayments you make on your business loan above the required minimum repayments.
With a variable rate, your interest rate could change throughout the life of your loan. You could benefit when interest rates are decreased, but you won't be protected if they increase.
You can choose to include a fixed rate term in your loan. During this term, your interest rate will be fixed, which means your repayments won't change.
A fixed interest rate can help you plan confidently knowing how much is due over the fixed rate period. You can't make extra repayments with a fixed interest rate.
Over the course of your loan term, your repayments might need to be adjusted. This could be for a number of reasons, including interest rate changes.
Learn more about your BetterBusiness Loan repayments.
If you’re eligible, you can change your loan repayment amount in the CommBank app. Otherwise, you can call us any time on 13 1998 or contact your Relationship Manager (if you have one).
Learn more about your BetterBusiness Loan repayments.
Our Business Green Loan can finance improvements to your business that may help reduce emissions, build climate change resilience and protect our natural resources.
This information is current as at 30 May 2025 and is for general information purposes only. It has been prepared without considering your individual and/or business objectives, financial situation or needs.
Credit provided by the Commonwealth Bank of Australia. 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. Full terms and conditions are included in the Loan Offer. Bank fees and charges may apply. Rates and fees are subject to change.
View our current Terms and Conditions for Business Finance and Business Savings and Transaction Accounts and consider them before making any decision about this product. Terms and Conditions for CommBiz and NetBank should also be considered before making any decision about these products.
1An instant decision is subject to the Bank's eligibility and suitability criteria.
2Subject to the Bank’s eligibility and suitability criteria.
