Commercial Loans - Revolving Line of Credit
A product designed for businesses in need of a loan to expand or develop their existing business.
- From
- 11.75%
- 0% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Flexible repayment structures including principal and interest or interest only. | 11.75% | 0% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Application Fee Standard minimum is 0.35% of the approved borrowed amount. Fee rate varies depending on borrower's application. | Upfront | |
| Transfer Fee Payable if the Customer asks the Bank to change the security property by releasing its security over some or all of the security property and taking security over different property, without any other amendments to the agreement. It does not include any solicitor costs or fees payable to a government registry to register a document. | Event | |
| Search Fee Per hour or part thereof - payable whenever the Customer (or a Guarantor) requests a copy of a document (other than a statement) connected to the Facility. It is calculated on the basis of the time that it takes the Bank’s staff to search for the document. | Transaction | |
| Direct Debit Dishonour Fee Payable whenever a direct debit to the Customer’s loan account is dishonoured. | Event | |
| Tenanted Security Report Fee Per hour or part thereof - payable when the security property is to be the place of residence of the Customer and the Bank ascertains by inspection (because the Customer did not tell the Bank) that the Customer no longer occupies the security property. It is calculated on the basis of the time that it takes the Bank’s staff or agents to inspect the security property. |
Features
- • Ability to access to the funds through EFTPOS, ATM, or aba.online • Interest only repayments • No set repayment schedule • Ability to deposit salary or any other income directly into the facility (every dollar deposited into the facility immediately reduces interest repayments due) • Ability to access funds paid into the facility at any time (up to an agreed limit) • Ability to access funds online via internet banking application • competitive rates of interest.
- Digital banking
Eligibility
- • Individuals with existing equity in a residential home or investment property. • Minimum loan amount: $20,000 • Maximum loan amount: up to $500,000 • Successful completion of applicable Arab Bank Australia Limited (ABAL) identification check requirements. • The security for this product should be a residential property. Maximum loan to value ratio is 80% of the property value.
Constraints
- Minimum limit — $20,000.00
- Maximum limit — $500,000.00
More Information
Published by Arab Bank Australia Limited under the Consumer Data Right · Last updated 18 May 2026 · Product ID COMLOC01 · View on CDR.gov.au