Grow your business with our business banking solutions

Ready to take the next step and grow your business?

At BOQ, our Owner-Managers have years of experience growing their own businesses, therefore our banking solutions and experience can help you get there.

So if you're ready to take your small business to the next level, talk to your closest branch today.

A full suite of business banking solutions for growing businesses

Small business bank accounts

 

Our low fee business bank account

Everyday Business Account

Our Everyday Business Account is a low fee business transaction account that provides a flexible way to manage business finance and expenses.

  • Make business purchases worldwide wherever Visa is accepted with Business Visa Debit
  • Full account access via ATM/EFTPOS, Internet and Mobile Banking
  • Receive payments faster with a linked Merchant Facility

A high interest savings account for your business

Business WebSavings Account

Make the most of your business savings.

  • Earn bonus interest on balances over $10,000
  • No monthly account maintenance fees
  • Unlimited transfers

Maximise your import and export potential

International and Domestic Trade

From traditional trade products to tailored finance solutions, BOQ offers a range of trade finance solutions for your import and export business.

  • Manage payment and foreign exchange risk
  • Finance imports and exports
  • Establish a foreign currency account

Small business loans and finance for updating your space or equipment

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

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

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

Flexible cash flow options to help you succeed

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

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

Free up your cash flow spent on insurance premiums

Insurance Premium Funding

Pay your annual insurance premiums through flexible repayments, allowing your working capital to stay in your business.

  • Easy monthly instalments
  • 6 to 12 month options
  • Release cash flow to invest back into your business

EFTPOS and payment solutions to get you started

EFTPOS Terminals

Process customer payments quickly and easily with the convenience of our EFTPOS terminals.

  • Accept all major cards
  • Your choice of countertop or mobile terminals
  • 24/7 Merchant help desk

Payment Solutions and Billing

Solutions for customer payments and the processing of large amounts of transactions.

  • BPAY Billing for easy collection
  • Direct Debit Facilities to get paid automatically
  • Direct Credit Facilities to assist with salary payments or large quantities