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 business financing to grow your business
Business Term Loan
Looking to buy a new business, grow your business or to expand your operations?
Our Business Term Loan can help with your business financing needs.
- Choose variable or fixed loan
- Fixed rates from 1-5 years available
- Redraw facility available on variable interest rate Business Term Loans
Access an ongoing line of credit from $50,000
Business Line of Credit
Our Business Line of Credit loan offers convenience, flexibility and peace of mind. Whether you are expanding your business or you need to cover short term cash shortages, you can access additional funds when you need it, up to an approved limit.
- Interest only payments
- Maximum loan term of 25 years (residential security) and 15 years (other security)
- Variable interest rate
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
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
