Business First Term Loan
Flexible lending to suit your business.
- Choose the term that you want – 90 days to five years
- Lock in an interest rate up to 60 days in advance
- Select the frequency of your repayments to suit your cash flow
More detail
Design your loan to suit your business
Our Business First term loan offers you the flexibility to choose how you want to structure and secure your lending facility1. It’s ideal if you’re planning a major step forward, such as buying new premises or a new business.
Choose the interest rate that’s right for you
You can select from a range of short, medium and long-term fixed interest rates. If you choose the 90-day fixed rate, you’ll have the flexibility to repay some or all of the loan at any time with no extra cost.
Protect your business from rising interest rates
Longer-term fixed rates2 can help protect your business against rising interest rates, and it’s reassuring to know that your Business First term loan let’s you lock in an interest rate up to 60 days in advance3. With less time worrying about interest rates you’ll have more time to focus on growing your business.
As many loans as you need
To make accounting easier, you can establish several loans – each with a specific purpose.
Repayment periods to suit your cash flow
Repayment periods are flexible. For example, you could choose to make repayments weekly, fortnightly or monthly - whatever suits your circumstances.
