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Small Business Essentials Loan

Loan finance up to and including $3 million to support small business expansion, capital purchases and more.

Why choose a Small Business Essentials Loan?

Our Small Business Essentials Loan provide finance for a broad range of business requirements.  These might include investing in a business or franchise, or funding longer term working capital requirements such as buying, building or upgrading premises, or purchasing vacant commercial or industrial land. You can also use this loan to consolidate business debts. 

  • Borrow up to and including $3 million
  • Your choice of fixed and variable rate options
  • Offset facility available up to $1 million (conditions apply)~

Current Special Offer

$10,000 to $999,999~

Variable

$1,000,000 to $3,000,000~

Variable

Key Features:

  • Fixed & variable rate options
  • $15 monthly loan account keeping fee
  • Reduce your interest repayments with our offset feature up to $1 million (variable only). The funds in your linked Suncorp business transaction account will offset, or reduce, the balance of your Small Business Essentials Loan and accrue less interest. Conditions apply~
  • Borrow up to maximum of $3 million
  • Manage your cash flow with our Cashback feature, enabling you to access any extra money you've paid into your loan (variable only)
  • Split your loan across fixed and variable rates. You can choose to split your loan and fix a portion of your borrowings at a fixed interest rate for greater budgeting certainty.
  • Flexible security options – residential, commercial/industrial or a mix of these option

Plus flexible repayment options to suit your cash flow needs

  • Principal + Interest or Interest-only repayment options
  • Choose weekly, fortnightly, or monthly repayments
  • Choose to pay more than your required minimum monthly repayment
  • Make additional repayments or lump sum payments 

Lending Fees and Charges

For more details about our Lending Fees and Charges, please download our Fees & Charges Information document

Other lending solutions

Not sure if a Small Business Essentials Loan is the right product for your situation? Simply call us on 13 11 55 to discuss your credit and lending needs or you can learn about our other products below:

Streamline your expenses and cash flow with one convenient account.

Use equity in a property to fund working capital, one-off large operational expenses, or investments for business expansion.

Help manage your short term cash flow needs and unexpected expenses by having extra credit when you need it.

Fixed and variable rate loans that can be structured for customers in industries requiring specialised funding arrangements.

Ready to get in touch?

Call Us

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Enquire about an appointment online

One offset facility available per group of related borrowers. Offsets are capped at $1,000,000 and are only available on lending where security is acceptable to the Bank. Terms and conditions apply.

Business Lending Products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). To approved applicants only. Fees, charges, terms and conditions apply and are available on request. Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098, Australian Credit Licence 238098 (“Citigroup”) is the credit provider and issuer of Suncorp Clear Options Business Credit Cards. Suncorp Bank promotes and distributes Suncorp Clear Options Business Credit Cards on Citigroup’s behalf under an agreement with Citigroup. Suncorp Bank will not guarantee or otherwise support Citigroup’s obligations under the contracts or agreements connected with the Credit Cards (other than those relating to Suncorp Bank internet banking and telephone banking).