Term Loans

Summary:

A Suncorp Term Loan is a financing option designed to help you improve or expand your business or re-finance existing debt.

Suncorp's Term Loan offers you the finance you need with the flexibility and features you want.

CTA:

Features

Loan Amount	Minimum: $10,000
Interest Rate Options	Your Suncorp term loan rates are calculated using a competitive base rate plus a customer margin Choose from variable or fixed interest rates or Suncorp Bank Bill Term lending base rates, which give you the security of a known rate for your interest rate period (30, 90 or 180 days) plus the flexibility of a rate reset at the end of every interest rate period
Repayment Options	Structured repayments to suit cashflow and seasonal fluctuations: Interest Only in Advance (fixed rates only) Interest Only in Arrears Principal and interest in arrears
Interest Charging Options	Interest charging every: month; quarter; half-yearly; yearly (in advance only); Interest payments are charged to the account and loan repayments are not required up to an agreed limit. Once the loan reaches the agreed limit the loan converts to a non-capitalising loan, requiring repayments to be made
Loan Term	Up to 25 years
Security	Many forms of security accepted including residential, commercial or rural property, business assets, or a combination of these
Redraw Option	Redraw of payments in advance is available on variable term loans only, subject to conditions

Establishment Fee

Other

Other fees and charges apply. Please click on the relevant link below for lending fees and charges applicable to your circumstance:

You can also contact your Business Banking Manager on 13 11 75 for more information.