BUSINESS LOANS
Business Essentials
Term Loan
Loan finance up to and including $5 million to support expansion, capital purchases and more.
BUSINESS LOANS
Business Essentials Term Loan
Loan finance up to and including $5 million to support expansion, capital purchases and more.
Special offers
Variable Rate
From IRM{sbvarspec.3.1}*
Includes discount of 2.20% p.a.
2-Year Fixed Rate
From 5.94% p.a.*
For Total Amount Borrowed $20,000 to $5 million
Residential Security
LVR ≤ 80%
Terms and conditions apply*^
Optional offset facility
Save on interest with an optional offset account available.1
Flexible loan terms
Find an option that's right for your business with loan terms up to 30 years.
Higher Loan-to-Value Ratio (LVR) lending
Loan to value ratio(LVR) at loan approval is the amount of the loan compared to Suncorp Bank’s valuation of property offered to secure the loan as a percentage.
Higher Loan-to-Value Ratio (LVR) lending 2
Up to 100% LVR with residential security & up to 80% LVR with commercial security.
Flexible repayment
Choose between weekly, fortnightly, or monthly repayments based on your needs.
Split your loan
Fix a portion of your borrowings at a fixed interest rate for greater budgeting certainty.
Access our cashback features
Enables you to access any extra money you’ve paid into your loan (variable only).3
Interest rates
Business tools & calculators
To apply
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Current Offer applies to variable loans secured by residential property with an LVR of 80%. For variable loans secured by commercial property with an LVR of 70%, an additional margin of 0.50% p.a. will apply. Further discounts or margins may apply based on LVR.
Australia and New Zealand Banking Group Limited (ABN 11 005 357 522) (ANZ) acquired Norfina Limited (ABN 66 010 831 722 (Suncorp Bank) on 31 July 2024. As Suncorp Bank is now part of the ANZ Group, it may be necessary to vary the terms of your Suncorp Bank product to match the terms of a similar ANZ product. This means you may end up with a product that has different terms and features to those you initially applied for. In any event, Suncorp Bank will provide you with a more detailed notice of these changes if the variation applies to your products. A full list of these changes for each product can be found at suncorpbank.com.au/variation. Please contact us if you have any questions or if there is a feature that is important to you.
Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.
1 Offset is only available on lending where security is acceptable to the Bank. Offset feature is only available on a variable loan. Terms and conditions apply.
2 LVR stands for loan to value ratio at loan approval. LVR is the amount of the loan compared to Suncorp Bank’s valuation of property offered to secure the loan as a percentage. For loans secured by residential property with a LVR of over 80%, or for loans secured by commercial property with a LVR of over 70%, a margin will be added to your interest rate.
3 Customers will need to register for the Online Cashback to withdraw their available Cashback via their Internet Banking and the Suncorp Bank App.
Higher Loan-to-Value Ratio (LVR) lending
Loan to value ratio(LVR) at loan approval is the amount of the loan compared to Suncorp Bank’s valuation of property offered to secure the loan as a percentage.
