The Finance Algorithm
bankWAW

Business Loan Commercial Secured P&I Variable

Business Loan Commercial Secured P&I Variable

Business loansBank updated 18 May 2026
At a glance
Variable
8.29%
Upfront fee
$900
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableP&I8.29%
§ 02 — Fees · 6
FeeTypeAmountWhenNotes
LOAN_VALUATION_FEECash advanceNo fee
LOAN_DISCHARGE_FEE_____REGISTRATION_OR_SETTLEMENTEvent$250Plus out of pocket expenses
LOAN_REDRAW_FACILITY_FEE_ONLINETransaction$10
LOAN_REDRAW_FACILITY_FEE_OVER_COUNTERTransaction$20
BUSINESS_/_COMMERCIAL_LOAN_APPLICATION_FEE_____NEW_APPLICATIONUpfront$600
BUSINESS_/_COMMERCIAL_LOAN_TOP_UP_FEE_____EXISTING_LOANUpfront$300
§ 03 — Features
Redraw
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Maximum LVR 60%

Published by bankWAW under the Consumer Data Right, last changed by them on 18 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.