Business Term Loan
Whether you are looking to buy a new business, grow your business or to expand your operations, our Business Term Loan can help with your business financing needs
- From
- 11.02%
- Variable
Interest Rates
Other — Principal & interest
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Base variable rate - Residential Security | 11.02% | — | — |
| Variable Base variable rate - Other Security | 12.02% | — | — |
Other — Other
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Typical variable rate - Other Security | 7.35% | — | — |
| Variable Typical variable rate - Residential Security | 7.55% | — | — |
| Variable Discounted variable rate - Residential Security. Discount variable and fixed rate offers only available on new lending with a minimum loan amount of $200,000. A margin of 0.20% will apply to lending with a Loan-to-Value Ratio of >80% for residentially secured loans and >70% for commercially secured loans. T&Cs apply |
Fees
| Fee | Type | Amount |
|---|---|---|
| Settlement Fee Payable for completing settlement of your facility | Upfront | $150.00 |
| Switching Fee Payable whenever your account is converted to another type of account at your request. | Variation | $300.00 |
| Break Cost Fee The amount is calculated in accordance with your Facility Agreement | Event | Variable |
| Construction Loan Fee - Owner Builder Allows up to 4 drawings, with each additional drawing $100.00 | Upfront | $500.00 |
| Application Fee 0.75% of the approved limit applies (minimum $750) | Upfront | 0.75% of balance |
| Substitution of Security Fee | Variation | $300.00 |
| Construction Loan Fee - Contract Builder Allows up to 4 drawings, with each additional drawing $100.00 | Upfront |
Features
- Minimum loan term is 1 year
- Redraw facility
- Redraw funds paid in addition to the minimum loan repayments (available on variable interest rate Business Term Loans only)
- Flexible repayment options including weekly, fortnightly or monthly
- Variable rate Business Term Loans: No restrictions; Fixed rate Business Term Loans: Principal reductions of up to $10,000 every 12 months
- Choose from a variable or fixed interest rate loan and flexible repayment options depending on your business needs.
- Principal and Interest; Interest only 1-5 years and a 10 year option. T&Cs apply
- Maximum loan terms are: Up to 30 years for loans 100% secured by residential property Up to 30 years for non-residential property or mixed security Small and Medium Business, security type and loan purpose eligibility criteria applies.
Eligibility
- Business customersBusiness Customers
Constraints
- Minimum limit — $10,000.00Minimum loan amount
More Information
Published by Bank of Queensland Limited under the Consumer Data Right · Last updated 13 July 2026 · Product ID 83906e88-5c03-ee11-8f6e-00224814d330 · View on CDR.gov.au