Managing a Small Business
Banking solutions for your small business
Small business loans, bank accounts and cash flow options for managing your small business
Banking solutions for managing your business
Many BOQ Owner-Managers have been managing their own small businesses for years, so we understand the day-to-day challenges you face.
Whether it's cash flow keeping you up at night or you're struggling to track your transactions, we're here to help ease the burden.
Our small business banking solutions include business bank accounts, small business loans, business financing options and payment solutions to help you succeed.
Get in touch with our business banking managers who have real small business experience!
A full suite of business banking solutions for managing small 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 Merchant Facility through First Data
Earn interest on your business transaction account
Business Management Account
Our premium business transaction account earns you interest on monthly balances over $50,000.
- No account maintenance fee when you maintain a minimum balance of $20,000 or operate the account with an approved overdraft limit
- Easy access to your money in branch, via EFTPOS, ATMs and Online Banking
- Worldwide access with a Visa Debit Card
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
ADDITIONAL VARIABLE INTEREST FOR 4 MONTHS ON BALANCES OVER $10,000
Business WebSavings Account
Make the most of your business savings with the flexibility of accessing your money anytime.
- Earn additional variable interest for 4 months as an introductory offer
- No monthly account maintenance fees
- Unlimited transfers
Small business loans and finance to update your business
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
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
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 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
Merchant and payment solutions to get you started
Merchant Solutions
Accept card payments from your customers... anywhere, anytime.
- Online
- In store
- Over the Phone
- On the Go
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
Small business insurance solutions
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
Protect your business and its assets
Business Insurance
Choose your own cover against fire, theft, accidents or public liability claims.
- Tiered cover options
- One package with a monthly premium
- Fast and easy claims process