The Finance Algorithm
Beyond Bank Australia

Business Line of Credit (Sec)

A Business overdraft provides ongoing access to funds when you need them. Use the overdraft to combine your business loan and working capital requirement in one flexible revolving line of credit.

Business loansBank updated 10 June 2026
At a glance
Variable
8.84%
Loan size
$10,000 to $2,000,000
Upfront fee
$1,355
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableBusiness Overdraft - Mortgage Secured Line of Credit Loan for Business or Commercial purposes. Conditions apply. A margin may be added to the rate indicated that will change the actual rate received.P&I8.84%
§ 02 — Fees · 8
FeeTypeAmountWhenNotes
Default fee on Business Overdraft (Mortgage Secured)Event$25This fee is payable on the 15th day of every month whilst you are in default.
Default Notice FeeEvent$20This fee is payable whenever we send you a default notice because you have defaulted under the contract.
Additional Security FeeUpfront$200This fee is payable when we prepare any security in addition to the mortgage over the primary mortgaged property
Business Loan Establishment FeeUpfront$595Applies to residential mortgage security and maximum borrowings of $500,000. Fees & Charges for borrowings above $500,000 (or where commercial mortgage security is required) are available on request.
Loan Settlement Fee (a)Upfront$200This fee is payable for a new loan settled
Loan Settlement Fee (b)Upfront$150This fee is payable for each loan variation or top up settled.
Search FeeUpfront$35This fee is payable for each search conducted in relation to a loan or security including ASIC search or Title search.
Security Handling FeeUpfront$175This fee is payable if you ask us to prepare documentation to note a change of your name on the title, or produce your land title.
§ 03 — Features
Instant paymentsPayIDDigital bankingMobile Wallet
§ 04 — Eligibility & limits
  • · Residency: Australian Citizen
  • · Available to businesses
  • · Amount $10,000 to $2,000,000
  • · Maximum LVR 100%
  • · Membership: You must be or become a Beyond Bank Australia member.
  • · Lending Criteria applies.

Published by Beyond Bank Australia under the Consumer Data Right, last changed by them on 10 June 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.