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Business / Loans & finance / Business loan rates & fees explained

Rates & fees

  • Establishment fee (secured by cash, up to $1 million): Fee charged to establish a Bank Guarantee. This may be a dollar amount or a percentage of the Bank Guarantee value
  • Establishment fee and security processing fee (other security type): Fee charged to establish or refinance a facility. This may be a dollar amount or a percentage of the facility limit
  • Guarantee or issuance fee: Fee charged based on the value of bank guarantees issued under the facility. Calculated as a dollar amount or a percentage of the Bank Guarantee limit
  • Line fee: Fee charged for making the facility available. Calculated as a percentage of the facility limit
  • Commitment fee: Fee charged for making the facility available. Calculated as a percentage of the unused portion of the facility limit
  • Re-documentation fee (secured by cash): Fee charged if any changes are made to the Bank Guarantee after it has been issued

  • Establishment and security processing fee: Fee charged to establish or refinance a facility. This may be a dollar amount or percentage of the facility limit. May be charged at establishment, limit increase or loan term extension
  • Loan service fee: Fee charged for each loan account to cover the ongoing administration costs of making the loan available. Charged as a fixed fee
  • Commitment fee: Fee charged when the loan has not been fully drawn within one month from the date the offer is accepted. Charged monthly in advance
  • Non-standard interest premium: Fee charged when the interest charging frequency deviates from the standard monthly cycle (e.g. quarterly, semi-annually or annually)
  • Interest rate: Calculated as a percentage. Listed as a percentage per annum. Monthly, quarterly, half-yearly or yearly
  • Redraw balance fee: Fee charged for redraw balances over $100,000. Calculated as a percentage of the available redraw balance exceeding $100,000
  • Early repayment adjustment: Fee charged when a customer with a fixed rate loan repays prior to scheduled maturity (irrespective of the circumstances causing the early repayment) and the Bank makes a loss due to the pre-payment

  • Establishment fee: Fee charged to establish or refinance a facility. This may be a fixed dollar amount or a percentage of the facility limit
  • Line fee: Fee charged for making the facility available. Calculated as a percentage based on the facility limit or outstanding balance - whichever is higher during the charging period
  • Non-standard interest premium: Fee charged when the interest charging frequency deviates from the standard monthly cycle (e.g. quarterly, semi-annually or annually)
  • Excess drawing interest rate: Interest charged on any amount exceeding the facility limit
  • Overdrawing approval fee: Fee charged when a transaction causes the account to exceed the facility limit
  • Dishonour fee: Fee charged every time a transaction is declined due to insufficient funds within the account
  • Default interest rate: Interest charged if you fail to pay an amount on the due date
  • Debit interest rate: Interest charged on the drawn portion of the facility limit. Based on a variable base rate, plus or minus a customer-specific margin

  • Standard documentation fee: Fee charged to establish a facility
  • Master agreement drawdown fee: Fee charged for drawdowns on master agreement limits
  • Specialised transaction fee: Fee charged per asset for buyback, private sale or refinancing from another financial institution
  • Progressive establishment fee: Upfront payment of documentation fee to establish the facility and rollover the facility
  • Variation fee: Fee charged to process any facility variations, asset releases and/or transaction restructures (other than for Deceased Estates)
  • Early termination administration fee: Fee charged to process the termination of a contract before the contractual termination date
  • Early repayment adjustment fee: Fee charged when a customer repays prior to scheduled maturity (irrespective of the circumstances causing the early repayment) and the Bank makes a loss due to the prepayment
  • End of term refinance fee: Fee charged to refinance or roll-over the residual value under a facility
  • Refinance establishment fee: Fee charged as part of refinancing

  • Establishment and security processing fee: Fee charged to establish or refinance a facility. This may be a dollar amount or percentage of the facility limit. This may be charged at establishment, limit increase or loan term extension
  • Line fee: Fee charged for making the facility available. Calculated as a percentage of the total facility limit
  • Usage fee: Fee charged for using the facility. Calculated on your total borrowed amount (not your total limit)
  • Unused limit fee: Fee charged for making the facility available. Calculated as a percentage of the unused amount of the facility
  • Early repayment adjustment fee: Fee charged when a customer makes a repayment on the loan prior to the scheduled reset date (irrespective of the circumstances causing the early repayment) and the Bank makes a loss due to the pre-payment
  • Upfront dollar fee: Fee charged to establish an Interest Rate Risk Management (IRRM) arrangement as part of your facility
  • Scheduled dollar fee: This fee applies only if you have an Interest Rate Risk Management (IRRM) arrangement. It’s a fixed dollar amount, agreed with the CommBank Global Markets team when your loan is set up. It's charged on each reset date during your IRRM agreement - these are scheduled points when your interest rate terms are reviewed
  • Interest Rate Risk Management (IRRM) break cost: Fee charged when a customer repays their loan prior to maturity under an Interest Rate Risk Management (IRRM) arrangement and the Bank makes a loss due to the pre-payment
  • Liquidity fee: Fee charged for making the facility available. Calculated as a percentage of the amount drawn
  • Rollover fee: Fee charged to roll over a loan to the next reset period
  • Rate reset fee: Fee charged when you choose a shorter interest rate reset period on your loan

  • Establishment fee: Fee charged to establish or refinance a facility. This may be a fixed dollar amount or a percentage of the facility limit
  • Debit interest rate: Interest charged on the drawn portion of the facility limit. Based on a market linked reference rate, plus or minus a customer-specific margin
  • Line fee: Fee charged for making the facility available. Calculated as a percentage of the facility limit or outstanding balance - whichever is higher during the charging period
  • Excess drawing interest rate: Interest charged on any amount exceeding the facility limit
  • Overdrawing approval fee: Fee charged when a transaction causes the amount to exceed the facility limit
  • Dishonour fee: A fixed fee charged every time a transaction is declined due to insufficient funds within the account

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Things you should know

  • Credit is provided by the Commonwealth Bank of Australia. These products are available only to approved business customers and for business purposes only. Applications for finance are subject to the Bank’s eligibility and suitability criteria and standard credit approval processes. Rates and fees listed are indicative, not exhaustive, and may vary depending on your loan and individual circumstances; some may not apply to all customers. Full terms and conditions are included in the Loan Offer. Additional fees and charges may apply. Rates and fees are subject to change.