Business Loans
Business finance options to reach your business goals sooner
Business loans tailored to your needs
When you need a business loan, you may want answers fast, and you want a solution that suits your individual business needs. With a BOQ business loan, you'll have a business banking manager who will take the time to understand your business and finance requirements.
As many of our Owner Managers are business owners themselves, you'll be talking to someone who has experience in managing their own business finance – like funding growth, managing cash flow or consolidating debt.
Our business finance solutions:
Tailored business financing, designed to grow your business
Business Term Loan
Looking to grow your business? Get started with no application fees on new variable Business Term Loans.
Why choose our Business Term Loan:
- Loan-to-Value Ratio up to 90%+
- Loan terms up to 30 years+
- Redraw facility available on variable interest rate Business Term Loans
- Rates from 2.39% p.a. 1,2
Supporting your investment and cash flow needs
SME Government Guarantee Scheme Business Loan - Phase Two
The Federal Government has launched Phase 2 of the SME Guarantee Scheme to continue to provide eligible small and medium enterprises (SME) with access to additional funding.
- Up to $1 million SME Guarantee Phase 2 lending per business entity ABN (minimum of $20,000)
- $0 establishment fee and no ongoing fees^
- Interest only repayments available
- Variable rates from 3.09% p.a.
Flexible Investment and Development Loan
Commercial Rate Loan
With a minimum loan amount of $500,000, our Commercial Rate Loan is designed for property development, property investment or business acquisitions purposes.
- Suit your cashflow by choosing from four loan options
- Progress draws available
- Accepted security includes residential property, commercial property, business assets, directors' guarantee, fixed and floating company charge
Manage your cashflow and cover expenses
Business Overdraft
You can't always predict when an unexpected expense will arise, or when you need to cover shortages in your cash flow. Our Business Overdraft gives you access to a minimum of $10,000, up to an approved limit.
- Attach to your BOQ Business Transaction Account for access when you need it
- Interest only charged on funds utilised
- Access your overdraft via EFTPOS, online banking, direct debit, in branch or via cheque
