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:
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
Tailored business financing, designed to expand your service
Business Term Loan
Do what you do, just do it bigger.
Loan-to-Value Ratio up to 90% and flexible repayment options available on 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
Supporting your investment and debt consolidation requirements
SME Recovery Loan Scheme Business Loan
The Federal Government has updated the SME Recovery Loan Scheme, Phase 3 of the SME Guarantee Scheme. The SME Recovery Loan Scheme is designed to support economic recovery, to provide continued assistance to eligible small and medium enterprises (SMEs). For businesses, this means access to finance for a broad range of business purposes including to support investment and to refinance pre-existing debt of an eligible borrower, including debt from previous SME Guarantee Scheme phases.
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
Simplifying the process for commercial property investment lending
Lease Doc Business Loan
Our Lease Doc loan is available for commercial property investors and is designed to simplify what we need from you to assess the loan, saving you time and giving you certainty of your application outcome sooner.
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