If you're planning a building or construction project for your new or expanding business, with our Business Variable Construction Loan you can enjoy the benefits of Interest Only repayments and withdraw your funds gradually over a period of 12 months while you build.
By only paying the interest due each month during this period you can reduce your loan repayments and reduce the drain on your cash flow.
Link your business loan with a business account and have all your business banking in one convenient location.
- 12 months Interest Only during the construction period (with the option of recontracting an additional 48 months subject to our agreement) – to help reduce your loan repayments, giving you extra cash when you need it
- Make as many extra repayments you like with no pre-payment fees
- Flexible repayment options after construction is complete: pay weekly, fortnightly or monthly