---
title: "Business Term Loan — Bank of Queensland Limited"
description: "Business Loans from Bank of Queensland Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-of-queensland-limited/products/83906e88-5c03-ee11-8f6e-00224814d330
source: "CDR Compare"
language: en-AU
last_updated: 2026-07-13T02:07:08Z
---

# Business Term Loan — Bank of Queensland Limited

> Business Loans from Bank of Queensland Limited. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Business Loans · Bank of Queensland**

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

## At a glance

- **From:** 11.02% (Variable)

## Apply

Applications are handled by the provider: [Apply at Bank of Queensland Limited](https://www.boq.com.au/business/loan-and-finance/business-term-loan)

## 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) | 7.74% | — | — |
| Variable (Discounted variable rate - Other 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) | 8.04% | — | — |

## 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 | $250.00 |
| Break Cost Administration Fee | Event | $50.00 |
| Annual Package Fee — Charged yearly · For Business Term Loans established under the Business First Lending Package(no longer for sale) this fee is charged annually on the anniversary of the package establishment date, for every year or part of the year that you hold the package. | Ongoing | $495.00 |
| Security Release Fee — Payable when we agree  at your request) to discharge a security | Exit | $350.00 |
| Monthly Service Fee — Charged monthly · Discount −$25.00 — Monthly Service Fee Waiver (eligibility: Other: Business First Lending Package (no longer for sale)) | Ongoing | $25.00 |
| Legal Review Fees - Complex Documents — Payable for each document that the Bank is required to review, amend or prepare and which is categorised by the bank as a complex document | Event | $500.00 |
| Additional Security Fee | Variation | $150.00 |
| Legal Review Fees - Standard Documents — Payable for each document that the Bank is required to review, amend or prepare and which is categorised by the bank as a standard document | Event | $350.00 |
| Early Repayment Fee — For Business Term Loans established under the Business First Lending Package | Exit | Variable |

## 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 customers** (Business Customers)

## Constraints

- **Minimum limit** — $10,000.00 (Minimum loan amount)

## More information from Bank of Queensland Limited

- [Overview](https://www.boq.com.au/business/loan-and-finance/business-term-loan)
- [Terms & conditions](https://www.boq.com.au/personal/help-and-support/forms-and-important-information/terms-and-conditions/)
- [Eligibility](https://www.boq.com.au/business/loan-and-finance/business-term-loan)
- [Fees & pricing](https://www.boq.com.au/content/dam/boq/files/terms-and-conditions/business/business-banking-guide-fees-and-charges.pdf)

## Data provenance

- Published by Bank of Queensland Limited under the Consumer Data Right
- Product ID: `83906e88-5c03-ee11-8f6e-00224814d330`
- Last updated by the provider: 13 July 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-of-queensland-limited/83906e88-5c03-ee11-8f6e-00224814d330
- Provider page: https://www.cdrcompare.au/brands/bank-of-queensland-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000241

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-of-queensland-limited/products/83906e88-5c03-ee11-8f6e-00224814d330) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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