Business+ Loan
Whether it's to expand your business, cover expenses, or fund a big purchase, this product could help your business take the next step.
- From
- 10.95%
- Fixed
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 1 year Customer margin may apply. | 10.95% | — | Minimum & Maximum Loan Value - One Year Fixed |
| Fixed · 2 years Customer margin may apply. | 10.95% | — | Minimum & Maximum Loan Value - Two Year Fixed |
| Fixed · 3 years Customer margin may apply. | 10.95% | — | Minimum & Maximum Loan Value - Three Year Fixed |
Fees
| Fee | Type | Amount |
|---|---|---|
| Early payment fee A one-off fee payable if the whole or part of your fixed rate loan is repaid early or your Loan Agreement is varied or terminated during a fixed rate period, as set out in the relevant Business Loan Letter of Offer. This fee will be added to the Amount Owing at the time of early repayment, variation or termination. | Event | $50.00 |
| Early payout cost If the loan is repaid (in whole or in part), varied or terminated before the end of the fixed rate period, GSB may incur costs under our finance arrangements and we're likely to pass on these costs as 'Early Payout Costs' to you. | Variation | Variable |
| Establishment Fee A one-off fee payable for the establishment of your Loan Account, as set out in the relevant Business Loan Letter of Offer. On the Loan Date, this fee will be added to the Amount Owing and payment for this fee will be collected as part of your regular repayments. | Upfront | $495.00 |
| Service Fee Charged monthly · A monthly fee payable whilst your Loan Account remains open, as set out in the relevant Business Loan Letter of Offer. | Ongoing | $20.00 |
Features
- Fraud protection
- The product includes fraud protection functionality.
- Digital banking
- You can access your accounts on your mobile for all your online banking.
- Guarantor supported
- Subject to terms and conditions, you may need to nominate a guarantor during the origination process.
- Notifications — All statements, notices and other communication in connection with these terms and conditions and your account may be given electronically by Great Southern Bank by: email, text message, in app push notifications, in app prompts, or letting you know by email, text message or push notification that the information is available on the app or on a website. You should check your emails, text messages and push notifications regularly.
Eligibility
- To open an account, you will need to download, register and activate your Great Southern Bank Business app.
- Business customersIn order to apply for this product, you will be subject to additional criteria including but not limited to: your business must be registered for GST; and your business must be wholly or predominantly available for business purposes operating in Australia.
- Minimum age — 18 years
- To open an account, you must meet our ID verification requirements.
- Business customersTo open an account, you must also hold a Business Transaction Account.
- Business customersTo open an account, you must have an active ABN or ACN, and you must be registered as either a Sole Trader or a Private Company with the Australian Business Register.
- To open an account, you must have an Australian Address.
- Residency status — You must be an Australian tax resident.
- You must have an Australian mobile number and a valid email address.
- Business customersTo open an account, you must not have more than four directors.
Constraints
- Minimum limit — $1.001 year minimum term
- Maximum limit — $3.003 year maximum term
More Information
Published by Great Southern Bank Business+ under the Consumer Data Right · Last updated 28 April 2026 · Product ID 84e8f8b3-12df-4dde-abb2-1625418aef10 · View on CDR.gov.au