As published by Macquarie Bank. Details not published by the lender are marked.
- Rate
- Individual assessmentRates and fees vary with the amount borrowed, the security provided and the product; pricing is set per customer.
- Term
- Up to 5 yrs
- Security
- Secured
- Structure
- Term loan
- Fees
- Establishment fee of $1,000 for individual borrowers · Establishment fee of up to 0.50% of the limit for corporate borrowers on limits up to $3 million (on application above $3 million)
- Documents
- Company financials, an application form and personal information forms for the directors or partners.
- Restrictions
- Available to property investors and businesses in Macquarie's key industries: accounting, architecture, engineering, financial services, healthcare, insolvency, insurance, legal, real estate, strata management, surveying and technology. Term can be extended up to 10 years subject to loan purpose, security and borrower type. Interest-only or fixed principal plus interest repayments. Minimum loan size starts from $1 million for accounting and financial service businesses.
- How to apply
- Direct with the lender, or through us
- Not published by Macquarie Bank
- loan amount, rate type, repayment frequency, early repayment, time trading, turnover, guarantees, funding time
- Suitable purposes
- GrowthBuy a businessRefinance
About Fixed Term Loan
Macquarie Bank publishes these details for Fixed Term Loan: structure term loan; term up to 5 yrs; security secured; documentation company financials, an application form and personal information forms for the directors or partners.; suitable purposes growth, Buy a business, Refinance. Not published by Macquarie Bank for this product: loan amount, maximum LVR, time trading, turnover, funding time, guarantees. Ask the lender or a finance specialist to confirm these before you apply.
How it differs from other Macquarie Bank products
- Business Overdraft: Structure is term loan here and overdraft for Business Overdraft; loan amount is published for Business Overdraft (from $50K) but not for this product; Macquarie Bank publishes term (up to 5 yrs) for this product but not for Business Overdraft; suitable purposes is growth, Buy a business, Refinance here and cash flow for Business Overdraft.
- Line of Credit: Structure is term loan here and line of credit for Line of Credit; suitable purposes is growth, Buy a business, Refinance here and cash flow for Line of Credit.
- Property-Backed Loan: Structure is term loan here and property-secured loan for Property-Backed Loan; term is up to 5 yrs here and up to 30 yrs for Property-Backed Loan; security is secured here and property-secured for Property-Backed Loan; suitable purposes is growth, Buy a business, Refinance here and commercial property, Growth for Property-Backed Loan.
