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| General Details |
|---|
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Institution: |
Suncorp
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Contact Number: |
13 11 34
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Product Name: |
Small Business Term Loan - Commercial
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Apply: |
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| Product Details |
|---|
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Loan Type: |
Fully Drawn Advance
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Repayment Type: |
Interest Only OR Principal & Interest
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Security Type: |
Commercial
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Min Margin: |
0.45
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Max Margin: |
0.45
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Interest Calculated: |
Daily
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Min Loan Amount: |
$10,000.00
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Max Loan Amount: |
$400,000.00
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Min Loan Term: |
1
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Max Loan Term: |
20
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LVR: |
70
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Is LVR Negotiable: |
False
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Terms & Conditions Avail: |
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Overdraft Annual Review: |
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| Interest Rates |
|---|
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Variable Rate: |
7.87%
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Base Rate: |
7.42%
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Default Rate: |
-
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1 Yr Fixed: |
7.30%
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2 Yr Fixed: |
7.24%
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3 Yr Fixed: |
7.04%
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4 Yr Fixed: |
7.24%
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5 Yr Fixed: |
7.24%
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6 Yr Fixed: |
-
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7 Yr Fixed: |
-
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| Fees |
|---|
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Establishment Fee: |
800
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Line Fee: |
-
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Valuation Fee: |
Varies
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Legal Fee: |
0
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Limit Fee: |
-
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Unused Limit Fee: |
-
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Drawdown Fee: |
-
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Overdraft Fee: |
-
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Discharge Fee: |
$150.00
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Over Limit Fee: |
-
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Temp Overdraft Fee: |
-
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Switching Fee: |
$300.00
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Service Fee: |
$15.00
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Service Fee Frequency: |
Monthly
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Early Termination Fee: |
DEF
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Comments: |
Also Introductory 6 Month Fixed - 7.45%.
Redraw only available on variable rate loans (one free per calendar month then $20 per redraw).
Valuation fee dependent on property type and location.
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| Access to Account |
|---|
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Redraw Avail: |
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Redraw Fee: |
-
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Cheque Access: |
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Cheque Fee: |
-
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Credit Card Access: |
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Credit Card Fee: |
-
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ATM Access: |
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ATM Fee: |
-
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EFTPOS Access: |
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EFTPOS Fee: |
-
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Phone Access: |
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Phone Fee: |
-
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Internet Access: |
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Internet Fee: |
-
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Business Card Avail: |
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Business Card Fee: |
-
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Other Access: |
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Other Fee: |
-
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