Bank Bill Business Loan
Enjoy the benefits of a market linked rate with the simplicity of a term loan.
Essentials
Our most flexible loan for businesses looking to borrow more than $250,000 for acquisitions, capital investment or refinancing.
- Supported by specialist relationship managers, locally based in metropolitan and regional centres throughout Australia
- Interest rates linked to the bank bill swap rate
- Rollover every 30, 60, 90, 120, 150, or 180 days
- Loan term up to 30 years, depending on rate option chosen and security provided
- Fixed or variable rate options.
Flexible repayment options
- Interest only
- Principal, interest and fees.
Eligibility
- A business entity or an individual 18 years and above, domiciled in Australia; and
- Requires the funding for business or investment purposes other than investment in residential property; and
- Meets the credit criteria and credit policy requirements under an applicable offer for this product.
Fees
Establishment, service and other fees apply.
Rates
Bank Bill Business Loan rates are available on application. Margins may apply.
How to apply
The Detail
Credit criteria, fees, charges, terms and conditions apply. Talk to your banker for product details.
Find out what information you need to provide to become a Bank of Melbourne customer.