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No matter what the investment or commercial purpose, an ANZ Business Loan
can very often be an ideal solution. You can choose to repay Interest Only or Principal
and Interest and generally select the repayment options that suit you best.
You can have a fixed or variable interest rate. The fixed interest
rate obviously reduces the hassles that interest rate volatility can create. Alternatively,
with a variable interest rate, you have an interest rate that changes in line with market
forces and there are no additional costs for full or partial early repayment.
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Loan Amount
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Minimum $10,000.
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Security
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Unsecured or secured by various forms of security including residential, commercial or rural property, business assets, or a combination of these.
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Term
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Up to 15 years (variable); Up to 10 years (fixed rate).
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Interest Rate Types
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- Variable rate (up to 15 years)
- Fixed rate, Interest in Arrears (up to 10 years)
- Fixed rate, Interest in Advance (up to five years)
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Repayment Terms
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Variable Rate
- Weekly
- Fortnightly
- Monthly
- Quarterly
- Half-Yearly
- Yearly
- Seasonally
Fixed Rate
- Monthly
- Quarterly
- Half-Yearly
- Yearly
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Repayment Options
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Principal and Interest or Interest Only (available up to a maximum term of five years) and a lump sum balloon payment up to 80% of the loan amount at end of the loan term.
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Fees and Charges
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Fees and charges are payable. Please ask your ANZ Manager for relevant details.
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For further information phone us on , 8am – 8pm AEST Monday to Friday.
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