BankSA
Variable 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.
Business loansBank updated 15 May 2026
At a glance
- Variable
- 9.23%
- Loan size
- $20,000 to no maximum
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableBusiness Loan Rate | P&I | — | — | 9.23% | — | — |
§ 03 — Features
RedrawExtra repaymentsRelationship manager
- · 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.
§ 04 — Eligibility & limits
- · Minimum age 18
- · Amount $20,000 to 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.
§ 06 — Run the numbers
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Published by BankSA under the Consumer Data Right, last changed by them on 15 May 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.