A low priced variable rate term loan with no account keeping fee
The business essentials loan is a low cost variable rate term loan at the core of your business finance.
The Business Essentials loan may help businesses wanting to:
- Expand
- Buy a property to operate from
- Purchase plant and machinery
| Feature |
Description |
| Competitive interest rate |
A low priced variable interest rate |
| No Account Keeping Fee |
Pay $0 in monthly account keeping fees |
| Repayments |
Your choice of Principal and Interest or Interest Only. Repayments are available on a monthly basis and additional repayments can be made at any time without penalty. |
| Terms |
No minimum loan term. A maximum of 25 years for Residential Security applies. |
| Security |
The Business Essentials Loan can be secured by Residential or a mixture of Residential and Commercial Security |
| Statements |
6 monthly (Available more frequently but a fee may apply.) |
| Minimum loan amount |
$10,000 |
Fees
| Item |
Description |
| Establishment fees |
New Loans, Limit increases & combination facilities |
Determined at Application |
| Property Evaluation and other fees may also apply |
| Monthly Account Keeping fee |
$0 |
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.
