Key points of the BFS loans

  • Loan terms at a special fixed rate are for a maximum of five years (minimum one year). 
  • You can repay in part or full at any time, with no early repayment costs. 
  • We’ll require our usual security arrangements, which may include a General Security Agreement (GSA) and personal guarantees (where applicable).
  • You may refinance up to 20% of your existing BNZ business debt on the scheme^.