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Useful Business Publications
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Business
Loans
Business
people need straight forward, uncomplicated products that are easy to
use and let them get on with running their business. We are committed to
providing businesses with professional, no nonsense solutions to handle
their finances. Your Business Loan options are as follows:
 The Small Business Loan
The Small Business Loan is a flexible loan
for the core financing of the business - for expansion, plant and
machinery, to buy your business premises, for almost any worthwhile
business need. Loans are typically secured by residential, commercial or
rural property. The loan puts you in the driver's seat with a choice of
fixed or variable rates and terms to meet your business needs. It is up
to you, the customer, to decide what you want!
Key Features at a Glance
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Variable/floating rates or rates fixed
for up to 5 years. (After the fixed term expires, the loan typically
converts to variable interest rate applicable at that time).
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Choice of terms up to 10 years (in some
cases 15 year terms will be considered).
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Option of monthly, quarterly, half yearly
or annual charging periods.
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Payments additional to your normal
monthly payment to your variable rate loan can be made without
penalty.
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Attractive interest rates, starting as
low as the variable housing loan rate for qualifying business loans
with acceptable residential housing security
Term Loan
Term Loans are a
standard loan whereby you repay the principal and interest over the term
of the loan. Our Consultants can develop a package geared specifically
to your needs, taking into account your cash flow, the type of property
or equipment purchase, and the term of the loan.
Term
loans are ideal for:
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Refinancing or
acquisition of commercial, industrial or rural property
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Purchase of business
or farm plant, equipment and machinery
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Off-farm investments
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Purchasing livestock
intended to be held for longer than one year
Key Features
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Variable or fixed
interest rate
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Flexible terms up to
10 years for variable rate loans and up to 7 years for fixed rate
loans
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You can apply to
redraw prepaid principal
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In some instances
balloon repayments can be utilised at the end of the loan
Revolving Line of Credit
A revolving line of
credit has often proved to be a vital asset to many businesses. It is a
come and go revolving credit facility commonly used for capital and
seasonal business requirements. It allows the principal to be repaid and
redrawn at any time.
A revolving line of
credit is perfect for businesses that require access to funds for
inventory, fuel, power, repairs, wages, and other working capital
requirements.
Key Features
For further
assistance, please don't hesitate to
contact us.
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