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| General Details |
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Institution: |
Bananacoast Community Credit Union
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Contact Number: |
1300 228 228
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Product Name: |
Commercial / Business Loan ( Fixed )
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Apply: |
n/a
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| Product Details |
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Loan Type: |
Fully Drawn Advance
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Repayment Type: |
Principal & Interest
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Security Type: |
Commercial
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Min Margin: |
-
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Max Margin: |
-
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Interest Calculated: |
Daily
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Min Loan Amount: |
$500.00
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Max Loan Amount: |
$7,000,000.00
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Min Loan Term: |
1
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Max Loan Term: |
25
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LVR: |
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Is LVR Negotiable: |
False
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Terms & Conditions Avail: |
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Overdraft Annual Review: |
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| Interest Rates |
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Variable Rate: |
-
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Base Rate: |
-
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Default Rate: |
-
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1 Yr Fixed: |
7.49%
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2 Yr Fixed: |
7.76%
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3 Yr Fixed: |
8.31%
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4 Yr Fixed: |
8.66%
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5 Yr Fixed: |
8.88%
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6 Yr Fixed: |
-
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7 Yr Fixed: |
-
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| Fees |
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Establishment Fee: |
0
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Line Fee: |
-
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Valuation Fee: |
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Legal Fee: |
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Limit Fee: |
-
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Unused Limit Fee: |
-
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Drawdown Fee: |
-
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Overdraft Fee: |
-
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Discharge Fee: |
-
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Over Limit Fee: |
-
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Temp Overdraft Fee: |
-
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Switching Fee: |
$750.00
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Service Fee: |
-
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Service Fee Frequency: |
n/a
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Early Termination Fee: |
1250
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Comments: |
If repaid within fixed rate period , a break cost will apply .
Interest only period = Fixed rate period
Max Interest Only period 5 years
Tiered establishment fee
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| Access to Account |
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Redraw Avail: |
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Redraw Fee: |
-
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Cheque Access: |
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Cheque Fee: |
-
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Credit Card Access: |
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Credit Card Fee: |
-
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ATM Access: |
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ATM Fee: |
-
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EFTPOS Access: |
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EFTPOS Fee: |
-
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Phone Access: |
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Phone Fee: |
-
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Internet Access: |
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Internet Fee: |
-
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Business Card Avail: |
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Business Card Fee: |
-
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Other Access: |
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Other Fee: |
-
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