BOQS Market Rate Loan
BOQS Market Rate Loan - This product is currently being trialled with select business customers only
Fees
| Fee | Type | Amount |
|---|---|---|
| Upfront Document Fee 0.75% of the approved limit applies (minimum $750) | Upfront | 0.75% of balance |
| Settlement Fee Payable for completing settlement of your facility | Upfront | $150.00 |
| Undrawn Loan Fee Charged on the daily undrawn facility limit in arrears on a frequency agreed with us | Other | $0.00 |
| Break Cost Fee The amount is calculated in accordance with your Facility Agreement | Variation | Variable |
| Special Attendance Fee Charged if you require any special attendance | Event | $450.00 |
| Bank Cheque Fee Charged if sending payment via bank cheque | Event | $25.00 |
| Construction Loan Fee - Contract Builder Allows up to 4 drawings, with each additional drawing $100 | Upfront | $250.00 |
| Line Fee Charged monthly · Charged on the facility limit either in Advance or Arrears | Ongoing | $0.00 |
Features
- Interest rate options and loan terms: Variable - 1,2, 3 and 6 months; Interest Capitalised Variable - 1,2 and 3 months;Fixed - 1,2,3,4 and 5 years; Interest Prepaid - 1 year
- Scheduled Principal Reductions, Progress Draw and Redraw are offered on Variable Market Rate Loans and Interest Capitalised Variable Market Rate Loans.
- Interest payment options and loan terms : Variable: 1,2,3 and 6 months in arrears; Interest Capitalised Variable : 1, 2 and 3 months in arrears;Fixed - Monthly in arrears; Interest Prepaid - Yearly in advance. Interest rates for the Market Rate Loan are available by contacting BOQ Specialist.
- Interest rates are set daily for each facility type and each interest period.
- Choose a loan that suits your cash flow and business requirements. Variable Market Rate Loan Interest Capitalised Variable Market Rate Loan Fixed Market Rate Loan Interest Prepaid Market Rate Loan
- Accepted security includes residential property, commercial property, business assets, directors' guarantee, fixed and floating company charge.
Eligibility
- Business customers
Constraints
- Minimum limit — $50,000.00
Published by BOQ Specialist under the Consumer Data Right · Last updated 4 June 2026 · Product ID bb2579cd-508e-ee11-be36-000d3a79efd0 · View on CDR.gov.au · View Source Data (JSON)