The Finance Algorithm
Sandhurst Trustees Limited

Commercial Loan

Commercial Term Loan requiring first mortgage security. Borrowers can choose from Interest Only, Principal and Interest, with variable and fixed rate options.

Business loansRates on applicationBank updated 16 Mar 2026
At a glance
Pricing
Rates on application
Fixed
6.85%
Loan size
$100,000 to $20,000,000
Upfront fee
$0
§ 01 — Rates · 10
TypeApplies toTermBandRateComparisonConditions
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · Interest only1 yr fixed6.95%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · Interest only2 yrs fixed6.90%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · Interest only3 yrs fixed7.10%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · Interest only4 yrs fixed7.35%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · Interest only5 yrs fixed7.40%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · P&I1 yr fixed6.90%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · P&I2 yrs fixed6.85%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · P&I3 yrs fixed7.05%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · P&I4 yrs fixed7.30%
FixedInterest rate is only applicable for loans up to $1,000,000. Loans in excess of $1,000,000 are subject to negotiationInvestment · P&I5 yrs fixed7.35%
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
Consent to Lease FeeEvent$150$150, per request, per lease agreement.
Late Payment ChargeEvent$65Payable when your facility remains in arrears for more than 30 consecutive days.
VariationsEvent$150Variation to existing facility, $150 per event
Discharge Administration FeeExit$350$350, per request, per security. Payable with any partial or full release of security (applies to each security)
Early Repayment FeeExit0.00% of transactionBreak cost are payable. These are calculated on a case by case basis.
Application FeeUpfront0.50% of balance0.60% of loan amount/negotiable. Payable at acceptance of offer
Security Documentation FeesUpfrontNo feeDependent on transaction complexity, solicitor used, state of security and more. Payable at loan drawdown
Valuation FeeUpfrontNo feeCost dependent on circumstance. Payable upon completion of valuation
§ 03 — Features
Redraw
  • · Limited annual reviews
  • · No monthly fees
  • · 7 Year Maximum Loan Term (interest Only)
  • · 20 year Maximum Loan Term Principal & Interest
§ 04 — Eligibility & limits
  • · Amount $100,000 to $20,000,000
  • · Maximum LVR % - Commercial: 70%
  • · Maximum LVR % - Specialised: 50%
  • · Maximum LVR % - Industrial: 50%
  • · Maximum LVR % - Rural: 40%
  • · Maximum LVR % - Residential: 80%
  • · Maximum LVR % - Light Industrial 70%

Published by Bendigo Bank under the Consumer Data Right, last changed by them on 16 Mar 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.