Business Line of Credit (Sec)
A Business overdraft provides ongoing access to funds when you need them. Use the overdraft to combine your business loan and working capital requirement in one flexible revolving line of credit.
- From
- 8.84%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable Business Overdraft - Mortgage Secured Line of Credit Loan for Business or Commercial purposes. Conditions apply. A margin may be added to the rate indicated that will change the actual rate received. | 8.84% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Business Loan Establishment Fee Applies to residential mortgage security and maximum borrowings of $500,000. Fees & Charges for borrowings above $500,000 (or where commercial mortgage security is required) are available on request. | Upfront | $595.00 |
| Default Notice Fee This fee is payable whenever we send you a default notice because you have defaulted under the contract. | Event | $20.00 |
| Loan Settlement Fee (a) This fee is payable for a new loan settled | Upfront | $200.00 |
| Loan Settlement Fee (b) This fee is payable for each loan variation or top up settled. | Upfront | $150.00 |
| Security Handling Fee This fee is payable if you ask us to prepare documentation to note a change of your name on the title, or produce your land title. | Upfront | $175.00 |
| Additional Security Fee This fee is payable when we prepare any security in addition to the mortgage over the primary mortgaged property | Upfront | $200.00 |
Features
- Bill payment (BPAY) — BPAY available.
- Card access — Visa Debit Card available.
- Digital banking
- Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
- Digital wallet — Mobile Wallet
- Load your Beyond Bank Visa Debit Card to your phone to make fast and easy transactions.
- Notifications — Text Me or Push Notification Alert
- Available with Internet Banking or via notifications from Mobile Banking. Service enables information about accounts to be sent via SMS to a specified mobile number. It is event triggered or on demand.
- Real-time payments (NPP)
- New Payments Platform (NPP) available. Allows you to send and receive money instantly between eligible accounts with your PayID.
Eligibility
- Business customersAvailable for Business purposes only. Conditions apply.
- Membership: You must be or become a Beyond Bank Australia member.
- Lending Criteria applies.
- Residency status — Australian CitizenMust be an Australian citizen, permanent Australian resident or hold a Visa. If a Visa holder's income is relied upon to determine serviceability, the term of the Visa must exceed the term of the loan.
Constraints
- Maximum limit — $2,000,000.00
- Maximum LVR — 100%
- Minimum limit — $10,000.00
- Minimum LVR — 0%
More Information
Published by Beyond Bank Australia under the Consumer Data Right · Last updated 9 June 2026 · Product ID 54 · View on CDR.gov.au · View Source Data (JSON)