The multipurpose Secured Business Loan is a sensible and cost-effective finance product to fund longer term business expenditure including expansion, renovations and refurbishments, other capital works, partner buyout and debt consolidation. Choose repayment terms of 1-3 years and take advantage of a redraw option throughout the loan term to access additional funds.
Thanks to an easy online application process and end-to-end support, applying for Secured Business Loans of up to $500,000 is more convenient than ever. With Secured Business Loans approvals within 24 hours, your funds can be in your business account ready to use the next day, so you save both time and money.
Key Features & Benefits:
- Easy online application and 24-hour approval
- Loans from $50,000 to $500,000
- Funds into your business bank account, ready for use For any business purpose
- For any business purpose
- Convenient redraw feature each 15 weeks in line with working capital cycle of most businesses
- 1st or 2nd mortgage and caveat option
- Interest cost from 0.65% per month
- Loan-to-value (LVR) up to 85% available