bankWAWBusiness Loan Commercial Secured P&I Variable
Business Loan Commercial Secured P&I Variable
At a glance
- Variable
- 8.54%
- Upfront fee
- $600
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 | 8.54% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 36th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.54% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 36th lowest of 47 |
Rates
The one rate bankWAW publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&I | - | - | 8.54% | - | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 12 Oct 2026 | Variable, P&I | 8.29% | 8.54% | up 0.25 |
Each change is logged the night it appears in the rates bankWAW publishes. See how every lender answered the RBA on the rate tracker.
Fees
6 fees published, grouped by when they're charged.
When you take it out2
- BUSINESS_/_COMMERCIAL_LOAN_APPLICATION_FEE_____NEW_APPLICATION$600
- BUSINESS_/_COMMERCIAL_LOAN_TOP_UP_FEE_____EXISTING_LOAN$300
When you make a transaction3
- LOAN_VALUATION_FEENo fee
- LOAN_REDRAW_FACILITY_FEE_ONLINE$10
- LOAN_REDRAW_FACILITY_FEE_OVER_COUNTER$20
When particular things happen1
- LOAN_DISCHARGE_FEE_____REGISTRATION_OR_SETTLEMENT
Plus out of pocket expenses
$250
Features
Eligibility and limits
- Minimum age 18
- Maximum LVR 60%
Compare it with others
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Published by bankWAW under the Consumer Data Right, last changed by them on 10 Oct 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.