Commercial Loan
A business loan for commercial purposes, secured by either commercial or residential property.
- From (investment)
- 11.79%
- Variable
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Variable LVR up to 69.99%. Interest margins may apply. | 11.79% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| CHEQUE_ISSUING_FEE_COMM Capped at $0.00 · Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque. | Event | $2.50 |
| COMMITMENT_FEE Charged daily · Capped at $0.00 · Fee is charged on the unused portion of the facility limit. It is calculated daily from the date two months after the date of the Facility Offer until the facility is fully drawn. | Ongoing | 0% of balance (D) |
| CONSENT_FEE_COMM Capped at $0.00 · Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property. | Event | $200.00 |
| DEFAULT_ADMINISTRATION_FEE_COMM Capped at $0.00 · Payable to us when you are in default because you have not (or a security provider has not) performed an obligation on time (including any obligation to pay money). | Event | $50.00 |
| DISCHARGE_ADMINISTRATION_FEE_COMM Capped at $0.00 · Per security. Payable to us each time we release a security. | Event | $200.00 |
| DISHONOUR_FEE_COMM Capped at $0.00 · Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured. |
Features
- Digital banking
- Redraw facility
- Redraw available on application only, minimum redraw $1,000, online or staff assisted
- Variable and fixed interest rate options available. Fixed rates available on application
- Loan terms up to 20 years
- Available for bridging purposes
- Extra repayments
- Extra repayments up to $20,000 during a fixed term
Eligibility
- Business customers
- Residency status — Australian citizen or a permanent resident of Australia or otherwise approved
- Minimum age — 18 years
- Secured by residential, commercial property, rural lifestyle
Constraints
- Minimum limit — $20,000.00Minimum loan amount $20,000.00
- Maximum LVR — 70%
More Information
Published by Maitland Mutual Limited under the Consumer Data Right · Last updated 30 June 2026 · Product ID Commercial_Loan · View on CDR.gov.au