The Finance Algorithm
A-Auswide Bank

BUSINESS LINE OF CREDIT

A business line of credit allowing flexibility to draw up to your approved credit limit.

Business loansBank updated 28 July 2026
At a glance
Variable
9.63%
Loan size
$50,000 to $5,000,000
Monthly fee
$25
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
VariableInvestment · Interest only$50,000–$5,000,0009.63%
VariableInvestment · Interest only$50,000–$5,000,00010.16%
§ 02 — Fees · 15
FeeTypeAmountWhenNotes
CONDITIONS_SUBSEQUENT_COSTSCash advanceVariesCharges vary - Charged at Cost. May apply to reimburse us the costs associated with confirming compliance with any special conditions in your loan agreement, such as the charges from third parties to…
DOCUMENT_PREPARATION_COSTS_AND_THIRD_PARTY_COSTSCash advanceVariesCharged at Cost. May apply where we need to engage external solicitors to prepare the mortgage documents. Covers the cost of documentation preparation, Government charges etc.
LEGAL_AGENT_FEECash advanceVariesCharges vary according to location of security. May be payable if we arrange a legal agent to represent us.
VALUATION_FEE_-_NEW_LOANS_&_LOAN_INCREASESCash advanceVariesInitial Valuation Fee included in Establishment Fee up to $300 (total per application). Initial Valuation Fee included in Package Fee up to $400 (total per application), subsequent Valuation Fees (eg…
DEFAULT_ADMINISTRATION_FEEEvent$40Charged per month, if you fail to make a payment by the due date
DISHONOUR_FEE_-_DIRECT_DEBIT_AND_EXTERNAL_PAYMENTEvent$15Charged per rejection. Payable when you've arranged a direct debit payment or external payment to an account at another financial institution but there are insufficient clear funds in your account
MORTGAGE_RELEASE_FEEEvent$400Plus third party costs if applicable. Payable per mortgage when we process your request to release a security from your loan, including a partial release. Third party costs may also be payable
SETTLEMENT_FEEEvent$100Payable when we process the settlement of your loan. Waived for Freedom Package loans
TELEGPRAPHIC_TRANSFER_FEEPayment$50$AU cuurency $50 per transfer OR foreign currency $30 per transfer. Payable each time you request an electronic transmission of funds to an account at an overseas bank.
ACCOUNT_SERVICE_FEE_-_BUSINESS_LINE_OF_CREDITPeriodic$25Every 1 moPayable for managing your account
DIRECT_DEBIT_-_BUSINESS_LINE_OF_CREDITTransaction$5Payable if we process a drirect to your account. This includes payments which you initiate electronically.
EXTERNAL_PAYMENT_FEE_-_BUSINESS_LINE_OF_CREDITTransaction$5Payable if you request us to process an electronic payment to an account at another Australian Bank or financial institution. This includes payments which you initiate electronically
RTGS_OUTWARD_PAYMENT_FEETransaction$20Payable each time you request a high value, time critical payment from your account to another financial institution on a real time basis for same day payment
ESTABLISHMENT_FEE_-_BUSINESS_LOANSUpfront0.50% of balanceMiniumu fee of $600.00. To cover our costs associated with establishing your loan/additional loan, further advance, increasing your credit limit or when you substitute one security property with anot…
CHEQUE_WITHDRAWAL_USING_CHEQUE_BOOKWithdrawal$2Payable when you write a cheque and it is presented on your account
§ 03 — Features
Instant paymentsPayIDDigital banking
§ 04 — Eligibility & limits
  • · Available to businesses
  • · Amount $50,000 to $5,000,000
  • · Maximum LVR 80%

Published by Auswide Bank Ltd under the Consumer Data Right, last changed by them on 28 July 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.