Business Term Loan
We're the bank of helping more than just your business thrive.
Talk to us today about how we can help.
At a glance
90 %*
Up to 90% Loan-to-Value Ratio
30yrs *
Up to 30 yr Loan Term
Up to $5k valuation fee waiver for a limited time¹
We’re waiving up to $5k in valuation fees on new eligible business loan applications, plus we’ll make a $500 donation to a BOQ charity partner of your choice, because BOQ is the bank of helping more than just your business thrive.¹
What’s the offer?
Apply for a new eligible BOQ Business Term Loan, Commercial Rate Loan or Business Overdraft between 18 August and 31 December 2025, and fund by 28 February 2026, to receive a valuation fee waiver of up to $5K. Plus, we’ll make a $500 donation to a BOQ charity partner of your choice. T&Cs and eligibility criteria apply.¹
Key details:
- New lending between $750,000 and $10 million
- One offer per application (waiver + donation)
- Valuation fees vary and may become payable if loan doesn't fund by 28 February 2026
- $500 donation made by BOQ after promo ends; no tax benefit to customer
- If you're a doctor, dentist or vet, click here to visit BOQ Specialist
Our charity partners
Beyond Blue
Beyond Blue is one of Australia’s most trusted mental health organisations, providing information, support and hope to those who need it.
Orange Sky
Orange Sky supports people experiencing homelessness and hardship by providing free mobile laundry and showers, with volunteers creating safe, welcoming spaces for those often disconnected from their community.
LifeFlight
LifeFlight provides rapid response aeromedical care to critically ill and injured patients, transporting anyone, anywhere, anytime for lifesaving medical attention.
Rural Aid
Rural Aid’s vision is to safeguard farming and rural communities before, during and after natural disasters by offering farmers, their families and their rural communities the support they need when disaster strikes.
Why choose our Business Term Loan
Whether you are 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.
Flexible repayment options to suit your cash flow needs
- Principal and Interest or Interest-only repayment options (up to a maximum of 10 years)
- Choose weekly, fortnightly or monthly repayments
Interest rate options
Choose from a variable or fixed interest rate loan and flexible repayment options depending on your business needs.
Redraw facility
Redraw funds paid in addition to the minimum loan repayments (available on variable interest rate Business Term Loans only). Learn more on how to do this online.
Additional features
| Feature | Detail |
|---|---|
Loan amount |
Minimum loan amount is $10,000 |
Loan term |
Minimum term is 1 year Maximum terms are: Up to 30 years for loans 100% secured by residential property Up to 30 years for non-residential property or mixed security |
Repayments |
Principal and interest 1 – 5 year interest only terms and a 10 interest only option for eligible customers Flexible repayment options including weekly, fortnightly or monthly |
Additional repayments |
Variable rate Business Term Loans: No restrictions Fixed rate Business Term Loans: Principal reductions of up to $10,000 every 12 months |
Interest rates
Make the most of our discount variable rate offers
Fees
At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.
| Fee type | Fee |
|---|---|
Application fee |
0.75% of the approved limit applies (minimum $750)+ |
Monthly service fee |
$25 per month |
A full list of fees can be found in our Fees and Charges Guide below.
Important information
For important information on our Business Term Loan, view the terms and conditions below.
You might also be interested in:
Our low fee business bank account
Everyday Business Account
Manage your transactions with ease - all for a low monthly fee.
- Free branch, ATM and cheque deposits
- Free Direct Debits and Direct Credits
- Easy account access through ATM/EFTPOS, Internet and Mobile Banking
Finance your equipment without tying up your cashflow
Equipment and Vehicle Finance
Whether you want to lease your equipment, salary package your vehicle or you're looking for a short-term finance solution to grow your business, we can help with a full suite of funding options.
- Spread your repayments over the life of the equipment
- No capital outlay
- Structure repayments to suit your cash flow
