Bank Bill Business Loan
Enjoy the benefits of a market linked rate with the simplicity of a term loan.
Features
- 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 criteria
You must:
- be a business entity or an individual 18 years and above, domiciled in Australia; and
- require the funding for business or investment purposes other than investment in residential property; and
- meet the credit criteria and credit policy requirements under an applicable offer for this product.
Rates and fees
- Establishment, service and other fees apply
- Bank Bill Business Loan rates are available on application. Margins may apply.
The Detail
Credit criteria, fees, charges, terms and conditions apply. Talk to a business banker for more details.
Find out what information you need to provide to become a Bank of Melbourne customer.