Combining your personal and small business loans into one package
This total package can help you maximise cashflow and streamline day-to-day financial operations, allowing you to spend less time managing money and more time on your business
It has:
- a Small Business Line of Credit that can be accessed by cheque, card, Bpay or transfer by phone or Internet
- generous free transactions and one account for business working capital and day-to-day transactions
- a single low package fee
- optional features - Home Loan, Small Business Term Loan, Personal Line of Credit
| Feature |
Description |
| Minimum loan amount |
Must have:
- $100,000 as a Small Business Line of Credit or
- at least a $10,000 Small Business Line of Credit plus other approved loans, so total approved loan amount is at least $100,000.
|
| Optional Loans |
- Small Business Loan
- Home Loan
- Personal Line of Credit
|
| Generous transaction limits |
100 fee free Standard Transactions per month for the Small Business Line of Credit. Fees apply for BPAY®, external transfers and transactions at non Suncorp ATM's. |
| Extra Services and Products |
Free financial assessment and preparation of financial plan1
Internet banking
Banklink - so information can be sent to your accountant automatically
Bonus life insurance cover for the first year. If we accept a death claim for the Insured Person within 12 months of the risk commencement date, we will pay an extra 20% of the sum insured1
50% discount on your first years Annual Account fee with our Clear Options business credit card2 4*
No establishment fee3 for these merchant services: Bpay® Biller, EFTPOS and Easypay payroll services
1 You can only apply for life insurance after receiving a current Financial Protection Plan Customer Information Brochure and completing a current application form
2 All other fees and charges apply. Full terms and conditions are available on request. Does not include any discount on the Annual Rewards fee.
3 Ongoing fees and charges for Merchant Services apply
4 Discount does not apply to Rewards Membership fee
® Registered to Bpay Pty Ltd 69 079 137 518
|
| Competitive interest rate |
Small Business Line of Credit - interest is variable, calculated on outstanding daily balances and charged monthly in arrears. You pay interest only on the money you use. Credit funds earn interest. Margins apply if the security provided is not residential security |
| Security |
Small Business Line of Credit facilities are usually secured by residential, commercial or rural property |
Fees
| Item |
Description |
| Establishment Fees |
Determined at Application
Property Evaluation Fees can also apply |
| Package Fee |
Your choice of:
- $500 per annum in advance or
- $125 per quarter in arrears
|
Other fees and charges also apply. For a complete guide please download the Lending Fees and Charges brochure (PDF, 301KB) or obtain a copy from one of our
Suncorp Branches.
*
Citigroup Pty Limited ABN 88 004 325 080 AFSL 238098 ("Citigroup") is the credit provider and issuer of Suncorp Clear Options Credit Cards. Suncorp-Metway Limited ABN 66 010 831 722 ("Suncorp") promotes and distributes Suncorp Clear Options Credit Cards on Citigroup's behalf under an agreement with Citigroup. Under the arrangement, customers' credit card contracts and agreements (other than those relating to internet banking and telephone banking) including Suncorp Clear Options Rewards Program Agreement are to be entered with Citigroup.
