Business Loan Fixed Rate Interest Only
If you need to borrow money for your business, whether it’s to purchase a property or any other business purpose, with our Business Fixed Rate Fully Drawn Advance you can enjoy the certainty of fixed interest rates and repayments.
- From
- 6.5%
- Fixed
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 2 years Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | 6.5% | — | — |
| Fixed · 3 years Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | 6.6% | — | — |
| Fixed · 1 year Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | 6.71% | — | — |
| Fixed · 5 years Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | 6.8% | — | — |
| Fixed · 4 years Base rate only, an additional margin is applied for security type (cash, residential and commercial) and the applicants credit risk. | 6.8% |
Fees
| Fee | Type | Amount |
|---|---|---|
| Valuation Fee Capped at $0.00 · The cost of each valuation report required to be issued. | Upfront | Variable |
| Settlement Fee Capped at $0.00 · Settlement fee is estimated at $300 per settlement. | Upfront | Variable |
| Application Fee Also known as establishment fee and payable when you accept the commercial letter of offer. (Does not apply to Residentially Secured Business Loan). | Upfront | 0.25% of balance |
| Upfront Legal & Document Fees Capped at $0.00 · Minimum Fee is $250. The costs for reviewing documents and preparing security documents and facility agreements differ based on the type of security and other factors. The estimated fees will be provided in your Letter of Offer. | Upfront | Variable |
| Consent and Execution of Leases, Plans of Subdivision etc. Consent and Execution of Leases, Plans of Subdivision etc. | Event | $150.00 |
| Upfront Fees Residential Security For new facilities secured by residential property, this single fee replaces Application Fee, Valuation Fee, Legal and Documentation Fee. |
Features
- Flexible repayment terms available up to a maximum of 30 years if residentially secured, or to a maximum of 20 years if commercial, industrial, cash or mixed security.
- Digital banking
- Internet Banking and Mobile Banking
- Extra repayments
- You can pay as much as you like however you need to be aware that if you repay more than a total of 10% of the facility amount in any 12 month period (commencing on 1 November and ending on 31 October the following year) a 0.25% fee is payable on the amount repaid in excess of this 10% limit.
- Relationship management
- Eligible customers enjoy dedicated and personalised service from the Business Solutions team.
Eligibility
- Minimum age — 18 years
- Business customersAvailable for business purposes for individual and non-individual borrowers, including sole traders, and companies.
- Residency status — Available to permanent Australian Residents.
More Information
Published by Newcastle Permanent Building Society under the Consumer Data Right · Last updated 24 June 2026 · Product ID BL_busfixedIO · View on CDR.gov.au