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Commonwealth Bank

Commonwealth Bank BetterBusiness Loan

Business term loan, unsecured up to $250,000 over up to 7 years, or secured by property from $10,000 over up to 30 years.

Business Loans
Source dated 25 Sept 2026
Amount
From $10K
Term
Up to 30 yrs
Rate
From 7.29% p.a. variable
Security
Varies
Enquire about this product

Product details

As published by Commonwealth Bank. Details not published by the lender are marked.

Loan amount
From $10K
Rate
From 7.29% p.a. variableFrom 7.29% p.a. variable for secured loans; from 12.84% p.a. variable for unsecured loans applied for online. Starting rates current as at 15 May 2026. Fixed rate option referred to on the page; no fixed rate figure published.
Rate type
Variable
Term
Up to 30 yrs
Security
Varies
Structure
Term loan
Fees
One-off establishment fee (amount not published) · Loan service fee of $35 charged monthly · Redraw balance fee of 0.49% on redraw balances over $100,000
Early repayment
Extra repayments and redraw allowed on variable rate; no extra repayments on fixed rate
Documents
Financial statements, proof of individual income, bank statements and identification may be requested.
Funding time
Instant decision and funds within minutes for eligible existing customers applying in NetBank
Restrictions
Unsecured option up to $250,000 with a maximum 7 year term; secured option uses residential, rural or commercial property.
How to apply
Direct with the lender, or through us
Not published by Commonwealth Bank
repayment frequency, time trading, turnover, guarantees
Suitable purposes
GrowthStock

About BetterBusiness Loan

Commonwealth Bank publishes these details for BetterBusiness Loan: structure term loan; loan amount from $10K; term up to 30 yrs; security varies; documentation financial statements, proof of individual income, bank statements and identification may be requested.; funding time instant decision and funds within minutes for eligible existing customers applying in NetBank. Not published by Commonwealth Bank for this product: maximum LVR, time trading, turnover, guarantees. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other Commonwealth Bank products

  • Agri Green Loan: Commonwealth Bank publishes term (up to 30 yrs) for this product but not for Agri Green Loan; Commonwealth Bank publishes security (varies) for this product but not for Agri Green Loan; documentation is financial statements, proof of individual income, bank statements and identification may be requested. here and financial statements, proof of individual income, bank statements, documents showing the eligible loan purpose, and identification. for Agri Green Loan; Commonwealth Bank publishes funding time (instant decision and funds within minutes for eligible existing customers applying in NetBank) for this product but not for Agri Green Loan.
  • Business Green Loan: Commonwealth Bank publishes term (up to 30 yrs) for this product but not for Business Green Loan; Commonwealth Bank publishes security (varies) for this product but not for Business Green Loan; documentation is financial statements, proof of individual income, bank statements and identification may be requested. here and documents detailing the eligible asset or project and proof of how funds will be used (for example quotes, project proposals and budgets). for Business Green Loan; Commonwealth Bank publishes funding time (instant decision and funds within minutes for eligible existing customers applying in NetBank) for this product but not for Business Green Loan.
  • Business Overdraft: Structure is term loan here and overdraft for Business Overdraft; loan amount is from $10K here and from $2K for Business Overdraft; Commonwealth Bank publishes term (up to 30 yrs) for this product but not for Business Overdraft; Commonwealth Bank publishes documentation (financial statements, proof of individual income, bank statements and identification may be requested.) for this product but not for Business Overdraft.
  • Car & Equipment Finance: Structure is term loan here and equipment loan (chattel mortgage), hire purchase or finance lease for Car & Equipment Finance; loan amount is from $10K here and from $20K for Car & Equipment Finance; Commonwealth Bank publishes term (up to 30 yrs) for this product but not for Car & Equipment Finance; security is varies here and asset-backed for Car & Equipment Finance.

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More from Commonwealth Bank

Agri Green Loan

Term loan from $10,000 for eligible environmental projects on farms, written as a BetterBusiness Loan or Market Rate Loan.

Amount
From $10K
Term
Not published
Security
Not published
Rates and other criteria
Rate
From 6.49% p.a. variable
Repayments
Not published
Trading
Not published
Source dated 1 Oct 2026
Details for Commonwealth Bank Agri Green Loan

Business Green Loan

Term loan for eligible green assets and projects such as renewable energy and electric vehicles, written as a BetterBusiness Loan or Market Rate Loan.

Amount
From $10K
Term
Not published
Security
Not published
Rates and other criteria
Rate
From 6.49% p.a. variable
Repayments
Not published
Trading
Not published
Source dated 1 Oct 2026
Details for Commonwealth Bank Business Green Loan

Business Overdraft

Business overdraft with unsecured limits up to $250,000 or property-secured limits from $2,000, with interest charged on the amount used.

Amount
From $2K
Term
Not published
Security
Varies
Rates and other criteria
Rate
From 8.75% p.a. variable
Repayments
Not published
Trading
Not published
Source dated 25 Sept 2026
Details for Commonwealth Bank Business Overdraft

Car & Equipment Finance

Finance for business vehicles and equipment from $20,000 as an equipment loan (chattel mortgage), hire purchase or finance lease.

Amount
From $20K
Term
Not published
Security
Asset-backed
Rates and other criteria
Rate
Rate available on application
Repayments
Monthly, Quarterly
Trading
12+ months trading
Source dated 1 Oct 2026
Details for Commonwealth Bank Car & Equipment Finance

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