As published by Great Southern Bank. Details not published by the lender are marked.
- Loan amount
- $20K to $5M
- Rate
- 7.25% to 7.75% p.a. variable7.25% p.a. variable with residential security; 7.75% p.a. variable with commercial security only. Rates current as at 27 May 2026 and subject to change, for principal and interest and interest only loans, for approved business applicants for commercial purposes only. Fixed rates for 1, 2, 3 and 5 years: 7.09% to 7.39% p.a. (residential security), 7.59% to 7.89% p.a. (commercial security only).
- Rate type
- Variable or fixed
- Security
- Secured
- Structure
- Term loan
- Fees
- Loan establishment fee of $750 · Securities administration fee of $235 · No account keeping fee · No redraw fee
- Early repayment
- Unlimited extra repayments on variable rate loans with free redraw; an early payout cost may apply if a fixed loan is terminated during the fixed rate period
- Documents
- Completed application form, proof of income (financial statements and/or payslips) and proof of property ownership
- Funding time
- Indicative decision within 48 hours of application in most cases
- Restrictions
- Borrow up to 80% of residential property value or up to 70% of acceptable commercial property value; available to sole traders, partnerships, companies, trusts, co-operatives and incorporated associations
- How to apply
- Direct with the lender, or through us
- Not published by Great Southern Bank
- term, repayment frequency, time trading, turnover, guarantees
- Suitable purposes
- GrowthBuy a businessCommercial propertyEquipmentCash flow
About Secured Business Loan
Great Southern Bank publishes these details for Secured Business Loan: structure term loan; loan amount $20K to $5M; security secured; documentation completed application form, proof of income (financial statements and/or payslips) and proof of property ownership; funding time indicative decision within 48 hours of application in most cases; suitable purposes growth, Buy a business, Commercial property, Equipment, Cash flow. Not published by Great Southern Bank for this product: term, maximum LVR, time trading, turnover, guarantees. Ask the lender or a finance specialist to confirm these before you apply.
How it differs from other Great Southern Bank products
- Business+ Unsecured Loan: Loan amount is $20K to $5M here and $20K to $50K for Business+ Unsecured Loan; term is published for Business+ Unsecured Loan (1 yr to 3 yrs) but not for this product; security is secured here and unsecured for Business+ Unsecured Loan; time trading is published for Business+ Unsecured Loan (1+ year trading) but not for this product.
- Business+ Unsecured Overdraft: Structure is term loan here and overdraft for Business+ Unsecured Overdraft; loan amount is $20K to $5M here and $10K to $50K for Business+ Unsecured Overdraft; security is secured here and unsecured for Business+ Unsecured Overdraft; time trading is published for Business+ Unsecured Overdraft (1+ year trading) but not for this product.
- Business+ Vehicle Loan: Structure is term loan here and vehicle loan for Business+ Vehicle Loan; loan amount is $20K to $5M here and $10K to $250K for Business+ Vehicle Loan; term is published for Business+ Vehicle Loan (1 yr to 7 yrs) but not for this product; security is secured here and asset-backed for Business+ Vehicle Loan.
