Commercial Rate Loan
Fund your next project with access to a flexible commercial property loan
At a glance
Flexible
Loan terms and interest payment options
$ 500,000
Minimum loan amount
$ 50
Monthly service fee
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 of $750,000 to $10 million 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
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 Commercial Rate Loan?
Our Commercial Rate Loan gives you access to competitive market interest rates where you can set your repayment term, choose between a variable or fixed interest rate, and your interest period.
Minimum loan amount of $500,000
Our Commercial Rate Loan is designed for property development, property investment or business acquisitions purposes.
Loan security options
Accepted security includes residential property, commercial property, business assets, directors' guarantee, fixed and floating company charge.
Choose a loan that suits your cash flow and business requirements
- Variable Commercial Rate Loan
- Interest Capitalised Variable Commercial Rate Loan
- Fixed Commercial Rate Loan
- Interest Prepaid Commercial Rate Loan
Loan flexibility
Scheduled Principal Reductions, Progress Draw and Redraw are offered on Variable Commercial Rate Loans and Interest Capitalised Variable Commercial Rate Loans.
Interest rate terms
Loan terms
| Interest rate options | Loan terms |
|---|---|
| Variable | 1, 2 and 3 months |
| Interest Capitalised Variable | 1, 2 and 3 months |
| Fixed | 1, 2, 3, 4 and 5 years |
| Interest Prepaid | 1 year |
| Interest rate | Interest rates are set daily for each facility type and each interest period. |
Interest payment options
| Interest payment options | Loan terms |
|---|---|
| Variable | 1, 2, and 3 months in arrears |
| Interest Capitalised Variable | 1, 2 and 3 months in arrears |
| Fixed | Monthly in arrears |
| Interest Prepaid | Yearly in advance |
For Variable Commercial Rate Loan and Interest Capitalised Variable Commercial Rate Loan the interest payment date must match the interest period option.
Interest rates for the Commercial Rate Loan are available at any BOQ branch.
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 | $50.00 per month |
A full list of fees can be found in our Fees and Charges Guide below.
Important information
For important information on our Commercial Rate Loan, view the Terms and Conditions below.
Ready to apply?
Whether you’re ready to apply or you’d like to know more, one of our business specialists will be happy to help and provide more information.
Enquire now
- Enquire online now
- Call us on 1300 714 986
Visit a branch
You might also be interested in:
Tailored business financing, designed to expand your service
Business Term Loan
At BOQ, we make it our business to understand yours. If you’re looking to expand your business, we’re the kind of bank to make it happen.
- Loan-to-Value Ratio up to 90%*
- Loan terms up to 30 years*
- Redraw facility available on variable interest rate loans
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
