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Business Finance
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General Details
InstitutionBank of Queensland
Product NameBusiness Term Loan
Product Details
Loan TypeFully Drawn Advance
Repayment TypePrincipal and Interest
Security TypeMulti
Min Margin0
Max Margin0
Interest CalculatedDaily
Min Loan Amount10000
Max Loan Amount0
Min Loan Term1
Max Loan Term15
LVR70
Is LVR NegotiableYes
Terms & Conditions AvailYes
Overdraft Annual ReviewNo
Interest Rates
Variable Rate10.7
Base Rate10.7
Default Rate0
1 Yr Fixed9.5
2 Yr Fixed9.5
3 Yr Fixed9.65
4 Yr Fixed9.7
5 Yr Fixed9.75
6 Yr Fixed-
7 Yr Fixed0
Fees
Establishment Fee0.75
Line Fee0
Valuation Feevariable
Legal Fee0
Limit Fee0
Unused Limit Fee0
Drawdown Fee0
Overdraft Fee0
Exit Fee0
Over Limit Fee0
Temp Overdraft Fee Fee0
Switching Fee300
Service Fee10
Service Fee Frequencym
Early Termination Feevariable
CommentsPurpose: business or investment only.Other securities: commercial; industrial property, directors' guarantees &; fixed & floating charges over business assets. Maximum LVR 80% of commercial property security.
Access to Account
Redraw AvailYes
Redraw Fee0
Cheque AccessNo
Cheque Fee0
Credit Card AccessNo
Credit Card Fee0
ATM AccessNo
ATM Fee0
EFTPOS AccessNo
EFTPOS Fee0
Phone AccessNo
Phone Fee0
Internet AccessYes
Internet Fee0
Business Card AvailNo
Business Card Fee0
Other AccessNo
Other Fee0
Avaliablility
NSWYes
ACTYes
QLDYes
VICYes
TASYes
SAYes
WAYes
NTYes
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#Where actual testimonial savings or potential savings are mentioned, these are specific to the circumstances in question and may have been achieved with specific Artog partner offers. These may not apply to your situation.

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