Business Investment Loan
The Business Investment Loan gives you the freedom to grow your business and take advantage of investment opportunities when they arise whilst offering a competitive flexible interest rate with convenient access to your funds.
Category: Business Loans Last Updated May 20, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a FIXED INVESTMENT P&I product. Additional Information Business Investment Loan with residential property security. Conditions apply.
Interest Rate
6.59% PA
6.59% PA
Comparison Rate
0.00%PA*
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Variations
Product rates and conditions will usually vary based on the LVR and other conditions..
INVESTMENT, FIXED, 6.59%
- Lending Rate Type: Fixed
- Interest Rate: 6.59%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 6.69%
- Lending Rate Type: Fixed
- Interest Rate: 6.69%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 6.99%
- Lending Rate Type: Fixed
- Interest Rate: 6.99%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 6.99%
- Lending Rate Type: Fixed
- Interest Rate: 6.99%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 7.39%
- Lending Rate Type: Fixed
- Interest Rate: 7.39%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 7.39%
- Lending Rate Type: Fixed
- Interest Rate: 7.39%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 7.49%
- Lending Rate Type: Fixed
- Interest Rate: 7.49%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 7.79%
- Lending Rate Type: Fixed
- Interest Rate: 7.79%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, FIXED, 7.79%
- Lending Rate Type: Fixed
- Interest Rate: 7.79%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, VARIABLE, 6.69%
- Lending Rate Type: Variable
- Interest Rate: 6.69%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, VARIABLE, 7.49%
- Lending Rate Type: Variable
- Interest Rate: 7.49%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
INVESTMENT, VARIABLE, 8.19%
- Lending Rate Type: Variable
- Interest Rate: 8.19%, Comparison Rate 0.00%
- Repayment Type: Principal And Interest
- Loan Purpose: Investment
Product Features
- Digital Banking Additional Information: Access your money 24/7 through Internet Banking, Telephone Banking or Mobile Banking services.
- Other Additional Information: Repayments: Choose between principal and interest or interest only repayments.
- Redraw Additional Information: Optional for variable rate loans only. Redraw payments made in advance at any time through Internet and Mobile Banking. Minimum redraw amount is $500.
Product Eligibility
- Business Additional Information: Available for Business purposes only. Conditions apply.
- Other Additional Information: Membership: You must be or become a Beyond Bank Australia member
- Other Additional Information: Lending Criteria applies.
- Residency Status - Australian Citizen. Additional Information: Must 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.
Bank Fees and Charges
- Business Loan Establishment Fee (Upfront), Amount: 595.00. Additional Information: 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.
- Mortgage Discharge, Settlement Or Partial Discharge Fee (Event), Amount: 350.00. Additional Information: Payable whenever a mortgage is discharged or partially discharged
- Redraw (staff-assisted) Fee (Transaction), Amount: 35.00. Additional Information: This fee is payable for each staff-assisted redraw.
- Redraw (online) Fee (Transaction), Amount: 0.00. Additional Information: Online redraw via Internet or Mobile Banking is free.
- Default Notice Fee (Event), Amount: 20.00. Additional Information: This fee is payable whenever we send you a default notice because you have defaulted under the contract or related mortgage.
- Hold Fixed Interest Rate (Upfront), Amount: 0.00. Additional Information: The amount of this fee is based on 0.15% of the loan amount and is payable should you wish to hold a fixed interest rate from time of loan application to settlement.
- Rate Variation Fee (Event), Amount: 150.00. Additional Information: This fee is payable each time you ask us to vary the type of interest rate (variable to fixed or vice versa) or refix your loan.
- Loan Settlement Fee (a) (Upfront), Amount: 200.00. Additional Information: This fee is payable for a new loan settled
- Loan Settlement Fee (b) (Upfront), Amount: 150.00. Additional Information: This fee is payable for each loan variation or top up settled.
- Progress Payment Fee (Event), Amount: 35.00. Additional Information: This fee is payable for each progress payment we process for construction loans.
- Security Handling Fee (Upfront), Amount: 175.00. Additional Information: 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.
- Additional Security Fee (Upfront), Amount: 200.00. Additional Information: This fee is payable when we prepare any security in addition to the mortgage over the primary mortgaged property
- Search Fee (Upfront), Amount: 35.00. Additional Information: This fee is payable for each search conducted in relation to a loan or security including ASIC search or Title search.
- Default Fee On Business Investment Loan - On The 8th Day (Event), Amount: 20.00. Additional Information: This fee is payable on the 8th day you are in default.
- Default Fee On Business Investment Loan - Every 14th Day Thereafter (Event), Amount: 25.00. Additional Information: This fee is payable every 14th day thereafter whilst you remain in default.
Limitations & Restrictions (Constraints)
- Max Limit of 2000000.00
- Min Limit of 10000.00
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