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Features & benefits

Whether you’re looking for the perfect commercial space, want to expand or refinance, our low-interest business loans can help get you there and beyond.
$0 Monthly or annual fees
No unnecessary fees means more money to invest in your business.
Choose your security
Secure your loan with residential or commercial property. Or combine with a home loan and use your home equity.
Longer loan terms = lower repayments
Eligible customers can request an overall term of up to 30 years for loans secured by qualifying residential property or up to 25 years with suitable commercial property security. 3
Flexible loan options
During the overall term you can choose a variable rate or fix the interest rate for 1, 2, 3 or 5 years as many times as you like. Or apply for an interest only period of up to 5 years at any time. Your loan account number always stays the same.
Unlimited extra repayments
You can make extra repayments on variable rate loans.1
Split Loan alternative
You can request us to split your new business loan - a portion on a fixed rate and the remainder at a variable rate or two different fixed rates.
Free redraw
Need your extra repayments? No worries! All of our business loans come with free redraw2.

Rates & Fees

Investing in your business shouldn’t cost you extra. That's why we don't charge you unnecessary monthly fees or penalties for paying down your loan.

For full details, see the Business Lending Schedule of Fees.


Residential Security
Commercial Security
Variable term Loan
7.25% p.a.
7.75% p.a.
1 year fixed rate
6.79% p.a.
7.59% p.a.
2 year  fixed rate
6.49% p.a.
7.29% p.a.
3 year fixed rate
6.54% p.a.
6.99% p.a.
5 year fixed rate
6.59% p.a.
7.04% p.a.

*Rates are available to approved business applicants for commercial purposes only.


Business term loan account keeping fee
Business term loan redraw / cashback fee
Loan establishment fee
Securities Administration Fee (secured loans)

Other fees may apply. For a full list of all fees, please refer to our Business Lending Schedule of Fees.

How to apply

Complete the enquiry form and one of our friendly Business Banking Specialists will contact you shortly.


Business loan may be suitable for:

  • Sole traders
  • Partnerships
  • Companies
  • Trusts
  • Co-operatives
  • Incorporated Associations

*Lending approval criteria applies.

You might also be interested in
Business Overdraft

Extra cashflow to expand your business.

Everyday Business Account

Keep your business running smoothly with an Everyday Business Account.

Get in touch

We are here to help.

Mon - Fri: 8:30am - 5:00pm (AEST)

Get in touch with our friendly staff

Important Information

For important information, view the contents of our Business Lending Terms and Conditions brochure here.

Rates current as at 23 November 2023 and subject to change. For Principal and Interest and Interest Only loans.

Loans are issued by Great Southern Bank a business name of Credit Union Australia Ltd ABN 44 087 650 959, AFSL and Australian Credit Licence 238317. Lending criteria, limits, conditions and fees apply. Ask us for details.

*All business loans issued by Great Southern Bank must be secured by real estate:

  • Borrow up to 80% of the value of residential property and
  • up to 70% of the value of acceptable commercial property.

If you have an existing Great Southern Bank home loan, you could save on costs by using the same property as security for your business loan. Subject to eligibility, ask us for details.

1 An early payout cost may apply if a fixed loan is terminated during the fixed rate period:

2 Minimum withdrawal amounts may apply for redraws conducted in-branch.

3 The term of the loan will be subject to relevant credit criteria, eligibility, terms and conditions, and will vary according to the loan amount, type and location of the security provided.