Use the loan to purchase an existing business, fund expansion or invest in growth opportunities. Available to sole traders, partnerships, trusts and registered companies.
- 1 Fully secured by residential property. Interest margin may apply.
2 Access to redraw funds is subject to The Mutual Bank’s discretion and the terms of your loan agreement. If approved, any repayments made in excess of the minimum monthly required amount may be available for redraw via electronic banking or with assistance from bank staff. The minimum amount that can be redrawn is $1,000.
All loans are subject to The Mutual Bank’s lending guidelines. Full details of Terms and Conditions are available on application. Fees and charges may apply. The above rates are used as a basis to determine the annual percentage rate charged on all relevant loans and may vary depending on our credit risk assessment. As a result, the rates quoted may not necessarily be the rate applicable to the loan we offer you.
*Special offer applies to those who are eligible. Available for New Business only with minimum loan amount of $100,000. Principal and Interest loans, maximum Loan-to-Value-Ratio (LVR) of 80%. Loans can only be residentially secured. Offer can be withdrawn at anytime.
#No application fee applies to Special Offer fixed Business Mortgage Loans only and can be removed at any time.