Business Variable Construction Loan

If you're planning a building or construction project for your new or expanding business, a construction loan can give you the flexibility to manage your finances while you build.

Asset ALT

A construction loan allows funds to be progressively drawn as the stages of construction are completed. This means you only pay interest on the amounts drawn.

Plus, to further reduce the drain on your cash flow while construction is being completed, we also offer interest only repayment terms during construction, or you may wish to consider capitalising your interest.

To arrange a loan or find out more, call 13 11 82 or visit a branch to arrange a chat with one of our business consultants.

Benefits, rates and fees

Features & benefits:

  • Free up extra cash with interest only loan options for up to 12 months while you build.
  • Available for loan terms of up to 25 years.
  • Make unlimited extra payments without penalty to pay off your loan sooner.
  • Portable loan facilities - security can be transferred directly from one property to another.

Other options:

  • At the end of the initial 12 month interest period, loan can be renegotiated to Interest Only for up to 5 years in total.

Terms, conditions, fees and charges and lending criteria apply and are available on application.

You should consider our Disclosure Documents. This information and advice is provided without reference to your personal circumstances so you should consider whether this product fits your objectives, financial situation and needs. Contact us on 13 11 82 with any questions, or visit your nearest branch to talk to a consultant.