BankSAVariable Rate Small Business Loan
With one of the longest business lending terms in the market, we can help you grow your business whilst optimising your repayments.
At a glance
- Variable
- 9.48%
- Loan size
- $20,000 to no maximum
How it compares
This business loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
Lowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower. One dot per institution, at its lowest business loan rate anyone can apply for; hover or tap a dot for its name.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 9.48% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 38th lowest of 47, level with 2 others |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 9.48% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 38th lowest of 47, level with 2 others |
Rates
The one rate BankSA publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableBusiness Loan Rate | P&I | - | - | 9.48% | - | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 10 Oct 2026 | Variable, P&I | 9.23% | 9.48% | up 0.25 |
Each change is logged the night it appears in the rates BankSA publishes. See how every lender answered the RBA on the rate tracker.
Features
- Repayment options : Flexible repayment options.
- Tax Savings: Potential tax benefits.
- No business size requirement
- No fees for making extra repayments on a variable interest rate loan
- Make additional repayments without penalty.
- Security options include cash, property, a guarantee or business assets.
- Flexible repayment structures include Interest Only or Principle, Interest and Fees.
Eligibility and limits
- Minimum age 18
- Amount from $20,000, no maximum
- A business entity or an individual 18 years and above, domiciled in Australia and require the funding wholly or predominantly for business purposes
- Meets the credit criteria and credit policy requirements under an applicable offer for this product.
- Loan term up to 30 years, depending on rate option chosen and security provided.
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Published by BankSA under the Consumer Data Right, last changed by them on 6 Nov 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.