BOQ Business Term Loan

Secured business term loan from $10,000 over 1 to 30 years, to buy a business, grow or expand operations, with weekly to monthly repayments.

From lender's website, 25 Sept 2026

Product details

As published by BOQ. Details not published by the lender are marked.

Loan amount: From $10K
Rate: 11.02% to 12.02% p.a. + marginBOQ business lending reference rates shown on 25 Sep 2026 (no as-at date published): Term Residential Security Base Rate 11.02% p.a., Term Other Security Base Rate 12.02% p.a. Priced from BOQ's published Business Term Loan base rates (residential security and other security) plus a customer margin. Variable or fixed; 1 to 5 year fixed base rates on request. A 0.20% margin applies above 80% LVR (residential) or 70% LVR (commercial).
Rate type: Not published
Term: 1 yr to 30 yrs
Security: Secured
Structure: Term loan
Fees: Application fee of 0.75% of the approved limit (minimum $750) · Monthly service fee of $25
Repayment frequency: Weekly, Fortnightly, Monthly
Early repayment: Redraw of extra repayments on variable rate loans; principal reductions of up to $10,000 every 12 months on fixed rate loans.
Time trading: Not published
Turnover: Not published
Documents: Not published
Guarantees: Not published
Funding time: Not published
Restrictions: Interest-only for 1 to 5 years, or up to 10 years for eligible customers. Up to 90% LVR, subject to SME, security type and loan purpose eligibility criteria; the compare page also lists up to 80% (residential), 70% (commercial) and 60% (industrial). SME, security type and loan purpose eligibility criteria apply.
How to apply: Direct with the lender, or through us
Suitable purposes: Buy a businessGrowth

Sources and freshness

Version 2, effective 25 Sept 2026. Second-pass check against the lender website.

Important information

About rates and fees.: Business finance is priced individually. Rates shown are the lender's published starting or indicative rates, not guaranteed rates. Where a lender does not publish a rate we still list the product and show how it is priced: "Rate available on application", "Risk-based pricing" (the lender says the rate depends on your risk or credit profile) or "Individual assessment" (the lender tailors pricing to each customer). Your rate and fees are confirmed by the lender after assessment.
Eligibility.: Meeting published criteria does not guarantee approval. Lenders also consider credit history, conduct of accounts, industry, security and the purpose of the loan.
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