{
  "source": "https://openbank.newcastlepermanent.com.au/cds-au/v1/banking/products/BL_busFDAIO",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "productId": "BL_busFDAIO",
    "effectiveFrom": "2012-08-10T14:00:00.000+10:00",
    "effectiveTo": "9999-12-29T13:00:00.000+11:00",
    "lastUpdated": "2026-06-24T14:00:00.000+10:00",
    "productCategory": "BUSINESS_LOANS",
    "name": "Business Loan Variable Rate Interest Only",
    "description": "If you need to borrow money for your business, whether it’s to purchase a property or any other business purpose, our Business Fully Drawn Advance can help you access the finance you need to reach your business goals.  ",
    "brand": "NPBS",
    "brandName": "Newcastle Permanent Building Society",
    "additionalInformation": {
      "overviewUri": "https://www.newcastlepermanent.com.au/business"
    },
    "bundles": [],
    "features": [
      {
        "featureType": "OTHER",
        "additionalInfo": "Flexible repayment terms available up to a maximum of 30 years if residentially secured, or to a maximum of 20 years if commercial, industrial, cash or  mixed security."
      },
      {
        "featureType": "REDRAW",
        "additionalInfo": "Redraw available."
      },
      {
        "featureType": "RELATIONSHIP_MANAGEMENT",
        "additionalInfo": "Eligible customers enjoy dedicated and personalised service from the Business Solutions team."
      },
      {
        "featureType": "DIGITAL_BANKING",
        "additionalInfo": "Internet Banking and Mobile Banking.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/tools-and-services/digital-banking"
      },
      {
        "featureType": "EXTRA_REPAYMENTS",
        "additionalInfo": "You can make regular additional repayments and extra lump sum payments."
      }
    ],
    "constraints": [],
    "eligibility": [
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "Available for business purposes for individual and non-individual borrowers, including sole traders, and companies."
      },
      {
        "eligibilityType": "MIN_AGE",
        "additionalValue": "18"
      },
      {
        "eligibilityType": "RESIDENCY_STATUS",
        "additionalValue": "Available to permanent Australian Residents."
      }
    ],
    "fees": [
      {
        "name": "Registration Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "Payable to us when there are additional costs associated with registration (for example, this may include a discharge of mortgage fee, transfer fee or any other dealing fee).",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "variable": {},
        "feeMethodUType": "variable",
        "discounts": []
      },
      {
        "name": "Interest Rate Conversion Fee",
        "feeType": "VARIATION",
        "currency": "AUD",
        "additionalInfo": "Fee is payable for interest rate maintenance/conversion with a Letter of Variation or Letter of Advice.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "250.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Consent and Execution of Leases, Plans of Subdivision etc.",
        "feeType": "EVENT",
        "currency": "AUD",
        "additionalInfo": "Consent and Execution of Leases, Plans of Subdivision etc.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "fixedAmount": {
          "amount": "150.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Partial Release and Discharge of Security Fee",
        "feeType": "EXIT",
        "currency": "AUD",
        "additionalInfo": "Payable whenever we arrange for a Partial Release or Discharge of Security.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "fixedAmount": {
          "amount": "250.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Settlement Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "Settlement fee is estimated at $300 per settlement. ",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "variable": {},
        "feeMethodUType": "variable",
        "discounts": []
      },
      {
        "name": "Upfront Legal & Document Fees",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "Minimum Fee is $250. The costs for reviewing documents and preparing security documents and facility agreements differ based on the type of security and other factors. The estimated fees will be provided in your Letter of Offer.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "variable": {},
        "feeMethodUType": "variable",
        "discounts": []
      },
      {
        "name": "Application Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "Also known as establishment fee and payable when you accept the commercial letter of offer. (Does not apply to Residentially Secured Business Loan).",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "rateBased": {
          "rate": "0.0025",
          "rateType": "BALANCE"
        },
        "feeMethodUType": "rateBased",
        "discounts": []
      },
      {
        "name": "Replacement Document Fee",
        "feeType": "REPLACEMENT",
        "currency": "AUD",
        "additionalInfo": "Fee is payable for replacement of documents due to the original documentation being lost or amendments to the original documents being required.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "fixedAmount": {
          "amount": "100.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Upfront Fees Residential Security",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "For new facilities secured by residential property, this single fee replaces Application Fee, Valuation Fee, Legal and Documentation Fee.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "fixedAmount": {
          "amount": "600.00"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Limit Excess Fee",
        "feeType": "EVENT",
        "currency": "AUD",
        "additionalInfo": "A limit excess fee of $17.50 each time the facility limit is exceeded. If the balance owing exceeds the facility limit with or without our approval, we charge interest on that excess at the default rate.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "fixedAmount": {
          "amount": "17.50"
        },
        "feeMethodUType": "fixedAmount",
        "discounts": []
      },
      {
        "name": "Valuation Fee",
        "feeType": "UPFRONT",
        "currency": "AUD",
        "additionalInfo": "The cost of each valuation report required to be issued.",
        "additionalInfoUri": "https://www.newcastlepermanent.com.au/business",
        "feeCap": "0.0000",
        "feeCapPeriod": "",
        "variable": {},
        "feeMethodUType": "variable",
        "discounts": []
      }
    ],
    "depositRates": [],
    "lendingRates": [
      {
        "lendingRateType": "VARIABLE",
        "rate": "0.0826000000",
        "calculationFrequency": "P1D",
        "applicationFrequency": "P1M",
        "interestPaymentDue": "IN_ARREARS",
        "repaymentType": "INTEREST_ONLY",
        "loanPurpose": "OTHER",
        "applicationType": "PERIODIC",
        "additionalInfo": "Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. ",
        "applicabilityConditions": []
      }
    ],
    "isTailored": true
  }
}