* Small and Medium Business, security type and loan purpose eligibility criteria applies (‘SME eligibility criteria’). Where the SME eligibility criteria is not met, the maximum loan term and LVR offered may change.
A margin may also apply.
~ Your actual interest rate may vary depending on the size of your loan, security being offered and full credit assessment of your application for finance.
# Rates apply to new borrowing only. Interest rates are comprised of the applicable base rate less any applicable risk-based customer discount.
1. The fee rebate of up to $10,000 is available for new Business Term Loan, Commercial Rate Loan and Business Overdraft applications received between 01 September 2023 to 31 December 2023 (inclusive) and that fund by 29 February 2024. The application must have minimum new borrowing of $500,000 and maximum new borrowing of $5,000,000. Excludes internal refinance, increases to existing loans, and loans for the purpose of property development, construction and land acquisition. An applicant will be eligible for a maximum of one rebate payment during the offer period, regardless of the number of loan applications they are party to. The rebate will be paid to the applicant’s BOQ account from which the fee was originally paid or to another BOQ account held in the same name as the applicant if the fee was originally paid from another account not held at BOQ. The rebate will be paid within 30 days of funding. Applicants should seek their own tax advice in relation to the receipt of the rebate. Amount of the rebate is subject to assessment and determined solely at the discretion of BOQ. The offer may be amended and/or withdrawn by BOQ at any time without notice, including prior to a written loan contract being provided. Offer current as at 24 October 2023.
2. Discount variable rate offer is only available on new lending with a minimum loan amount of $200,000 and is subject to change without notice. A margin of +0.20% will apply to lending with a Loan-to-Value Ratio of greater than 80% for residentially secured loans and greater than 70% for commercially secured loans. The Discount Variable Rate is for the life of the loan as long as the loan is retained under a variable Business Term Loan. Your actual interest rate may vary depending on the size of your loan, security being offered and full credit assessment of your application for finance. A customer margin may apply. Not available to self-managed super funds, or on refinances of or increases to the limit of existing BOQ facilities. CRR Assessment of 15 or better and security rating of D or better.
Credit provided by Bank of Queensland Limited ABN 32 009 656 740 AFSL and Australian Credit Licence no. 244616 (BOQ). Conditions, criteria and fees apply. BOQ's standard credit assessment criteria apply. This website contains general advice, which has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and read the relevant T&Cs and Guide to Fees and Charges that apply to this product before making any decision about whether to acquire or continue to hold it, available at your local BOQ branch or at boq.com.au.
Acceptance of any application for credit is always at BOQ's lending discretion, and this document is not to be relied upon or represented as BOQ's current lending policy.
Information current as at 24 October 2023.