Borrowing Money

Whether you’re looking for assistance with your cash flow, need additional funds to grow your business, or are seeking to finance new equipment, we can help with a variety of financing options.

Cash flow assistance
You may need the money to solve the mismatch between incoming and outgoing payments, or you might just want the comfort of knowing you’ve got the funds to cover a big order. As a way of managing your fluctuating finance needs you might consider a Business Card or an Overdraft.

Longer term finance
Alternatively, you may want to expand your business, acquire property, or replace equipment in order to meet growing demand. Finding the right borrowing solution will depend on your individual needs. Take a look at the features of our BetterBusiness Loan and BetterBusiness Bill Facility.

Equipment Finance is specifically designed for the acquisition of vehicles, plant and equipment, and allows businesses to preserve valuable working capital and optimise cash flow. Or if your business involves overseas transactions you might require a Trade Finance solution that covers the complexities of international trade.

Offering assets as security
Your credit standing has a significant impact on your borrowing costs. These costs can be minimised by providing security to support your loan. Loans can be secured against commercial, residential and rural property, or against the assets of your business. Depending on the amount borrowed and your credit standing, unsecured facilities are also available.

What are your borrowing alternatives?
That depends entirely on your needs. Whether it’s for cash flow and liquidity, or growth and investment, factors to consider in your search for a suitable finance solution include interest rate alternatives and repayment options.

Interest rate
Do you want the flexibility of a variable rate, or the certainty of a fixed rate? Variable interest rate borrowers benefit from lower repayment costs when rates fall but have to carry the risk of rate rises. While fixed interest rate borrowers benefit from a known repayment cost during the fixed rate period.

You might also consider an Interest Rate Risk Management strategy customised for your requirements.

Repayment options
You can select to repay Principal and Interest or Interest Only and a lump sum at the end of the loan term. And you can choose a repayment frequency that suits your business.

Take a look at our full range of Business Loans.

Important information about advice
As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the advice, consider its appropriateness to your circumstances. View our Financial Services Guide (PDF 56kb).

Other important information
Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the Loan offer. Bank fees and Government charges may apply.