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Business Finance > Unsecured Business Term Loan |
To find out more about Bendigo Bank, click here to access our Financial Services Guide (FSG). You must review the FSG before accessing information on this website.
Unsecured Business Term Loan
We offer tailored lending facilities to meet your business
needs. Your choice of a fixed interest rate or a variable interest rate, with customised repayments to suit you and your business.
| Account Details |
| Loan Type |
Principal and interest |
| Statement |
Half yearly |
| Interest |
Fixed or variable |
| Calculated |
Daily |
| Charged |
Monthly |
| Term |
Maximum 5 years |
| Payments |
Fortnightly or monthly |
| Principal Payments |
Yes, economic costs can apply if the loan is a Fixed Rate Loan |
| Redraw Facility |
No |
| Fixed Rate Lock |
No |
| Interest Rate Caps and Collars |
No |
| Fees |
- Application Fee - $350.
- Settlement Fee - $80.
- Document Preparation Fees (if Director Guarantee taken).
- Statutory fees and charges may apply.
- Monthly Service Fee - $10.
- Annual Review Fee - $50 or 0.25% of the total business lending facility
limits, whichever is the greater, to a maximum of $800.
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Fixed & Variable Interest Rates
| Variable Rate |
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| Rate |
14.04% pa |
| Fixed Rate |
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1 Year
2 Years
3 Years
4 Years
5 Years
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13.10% pa
13.10% pa
13.15% pa
13.15% pa
13.20% pa |
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