The Finance Algorithm
BOQ Specialist

BOQS Market Rate Loan

BOQS Market Rate Loan - This product is currently being trialled with select business customers only

Business loansRates on applicationBank updated 4 June 2026
At a glance
Pricing
Rates on application
Loan size
$50,000 to no maximum
Upfront fee
$900
Monthly fee
$50
§ 02 — Fees · 19
FeeTypeAmountWhenNotes
Information FeeEnquiry$80Charged each time you request us to provide information about your facility including statements
Bank Cheque FeeEvent$25Charged if sending payment via bank cheque
Break Cost Administration FeeEvent$250Charged in accordance with your Facility Agreement
Special Attendance FeeEvent$450Charged if you require any special attendance
Security Release FeeExit$250Payable when we agree (at your request) to discharge a security
Undrawn Loan FeeOtherNo feeCharged on the daily undrawn facility limit in arrears on a frequency agreed with us
Line FeePeriodicNo feeEvery 1 moCharged on the facility limit either in Advance or Arrears
Loan Service FeePeriodic$50Every 1 moA monthly account keeping fee for the provision and maintenance of the facility
Construction Loan Fee - Contract BuilderUpfront$250Allows up to 4 drawings, with each additional drawing $100
Construction Loan Fee - Owner BuilderUpfront$500Allows up to 4 drawings, with each additional drawing $100
Settlement FeeUpfront$150Payable for completing settlement of your facility
Upfront Document FeeUpfront0.75% of balance0.75% of the approved limit applies (minimum $750)
Additional Security FeeVariation$150Payable when more than one security is required by BOQ
Break Cost FeeVariationVariesThe amount is calculated in accordance with your Facility Agreement
Consent to LeaseVariation$450Charged when a consent to registration of lease and production of Certificate of Title is required
Substitution of Security FeeVariation$300Payable is we agree to substitution of a security for another security
Switching FeeVariation$300This fee is payable when switching facility types or changing interest periods
Trust Deed ReviewVariation$220Charged when a trust deed requires review
Variation FeeVariation$395Charged for any variations made to the loan that need documentation
§ 03 — Features
  • · Interest rate options and loan terms: Variable - 1,2, 3 and 6 months; Interest Capitalised Variable - 1,2 and 3 months;Fixed - 1,2,3,4 and 5 years; Interest Prepaid - 1 year
  • · Scheduled Principal Reductions, Progress Draw and Redraw are offered on Variable Market Rate Loans and Interest Capitalised Variable Market Rate Loans.
  • · Interest payment options and loan terms : Variable: 1,2,3 and 6 months in arrears; Interest Capitalised Variable : 1, 2 and 3 months in arrears;Fixed - Monthly in arrears; Interest Prepaid - Yearly i…
  • · Interest rates are set daily for each facility type and each interest period.
  • · Choose a loan that suits your cash flow and business requirements. Variable Market Rate Loan Interest Capitalised Variable Market Rate Loan Fixed Market Rate Loan Interest Prepaid Market Rate Loan
  • · Accepted security includes residential property, commercial property, business assets, directors' guarantee, fixed and floating company charge.
§ 04 — Eligibility & limits
  • · Available to businesses
  • · Amount $50,000 to no maximum

Published by BOQ Specialist under the Consumer Data Right, last changed by them on 4 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.