Business First Lending Package
At BOQ, we put your business first because our business depends on it. The Business First Lending Package makes absolute sense for business customers, because it allows you to save both time and money, simply by having more of your banking with BOQ.
All you need to do is bundle your banking products and services together and the savings will start to roll in, including interest rate discounts and reduced fees.
By having more of your business banking with BOQ, you'll be able to better monitor and administer your finances. And as always, you'll have direct access to a dedicated BOQ Manager to look after all of your banking needs.
The Business First Lending Package, it just makes business sense.
How can it work for my business?
Discover the flexibility, savings and value offered by the Business First Lending Package.
The more you package the more you may save.
Optional products and services
Product or service
| Business Overdraft|| Interest rate discount of 0.15% and reduced Agreed Credit Advance fee|
| Merchant Solutions|| No application fee|
| Payment File Upload Facility (Direct Debit and Direct Credit)|| Reduced application fee|
| Equipment Finance1|| No application fee on first standard equipment finance transaction|
| Business Visa Debit|| No benefit applies, however this counts towards the two minimum optional products and services required to be eligible for the additional interest rate discount.|
| Debtor Finance || No benefit applies, however this counts towards the two minimum optional products and services required to be eligible for the additional interest rate discount.|
| Trade Finance|| No benefit applies, however this counts towards the two minimum optional products and services required to be eligible for the additional interest rate discount.|
1 Equipment Finance issued by BOQ Equipment Finance Limited ABN 78 008 492 582.
Additional interest rate discount
Customers who take up and hold a minimum of 2 optional products and services will receive 1.00% discount (additional 0.85%) in the first year on their variable rate Business Term Loan (applicable on new lending only).
Value added benefits
Product or service
| Foreign Exchange Payments|| Fee discounts available on Internet based foreign exchange payments|
| Commercial Insurance2|| Free face-to-face business insurance continuity evaluation and recommendations when you are referred by us to GIO for your commercial insurance needs3 |
2 Commercial Insurance issued by GIO General Ltd 22 002 861 583
3 Customers must have a minimum commercial property insurable amount of $500,000 (including commercial buildings but excluding personal vehicles and residential property) and insurable amount of not greater than $20,000,000 that falls within GIO's underwriting criteria.
It's so easy to qualify
We'd like as many of our business customers as possible to enjoy the benefits of the Business First Lending Package. That's why we've made it easy to qualify:
Our business and personal lending rates are available on the today's rates
Fees and charges
Annual package fee: $495
Application fee: 0.75% of the approved limit applies (minimum $900)
For more information on fees and charges applicable to the Business First Lending Package, please refer to the Business Banking Guide to Fees and Charges.
Drop into one of our convenient locations
or call one of our friendly customer service consultants on 1300 55 72 72.