The Finance Algorithm
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L5 Commercial Loan

Broken Hill Bank's Solution to Business Loans.

Business loansBank updated 11 June 2026
Apply at Broken Hill Bank ↗Product page ↗

At a glance

Variable
11.50%
Loan size
$2,000 to no maximum
Upfront fee
$705

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.

This business loan: 11.50%Every other institution's lowest, 46 in all

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.

This business loan: 11.50%Every other institution's lowest, 46 in all

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.

RateThis business loanBest anywhereTypical institutionWhere it sits
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower11.50%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions43rd lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower11.50%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions43rd lowest of 47

Rates

The one rate Broken Hill Bank publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
VariableReference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon ApprovalP&I--11.50%--

Fees

24 fees published, grouped by when they're charged.

When you take it out9

  • Agents Fee
    No fee
  • Credit Report Fee
    $20
  • IPEX Fee
    $35
  • Loan Establishment Fee - Self Employed or Debt Consolidation
    $705
  • PPSR Registration Fee
    $17.50
  • PPSR Search Fee
    $7.50
  • Registration Fee
    No fee
  • Solicitors Fee
    No fee
  • Valaution Fee
    No fee

When you make a transaction1

  • Loan Redraw Processing Fee
    $35

When particular things happen14

  • BHCCU Enforcement Expense
    No fee
  • Credit Bureau Default Listing
    $75
  • Debt Agreement Fee
    $150
  • Discharge Administration Fee
    $250
  • Discharge Of Mortgage Fee
    $500.52
  • Enforcement Collection Cost
    No fee
  • Enforcement Expense
    No fee
  • Guarantee Security Fee
    $325
  • Loan Contract Variation Fee
    $375
  • PPSR Alteration Fee
    $17.50
  • PPSR Discharge Fee
    No fee
  • Progress Drawdown Fee
    $150
  • Security Handling Fee
    $200
  • Settlement Fee
    $150

Features

RedrawExtra repaymentsDigital bankingUnlimited transactions"Relationship Rewards"
  • No Monthly Account Keeping Fees
  • No Loan Service Fees
  • No Penalties For Early Payouts

Eligibility and limits

  • Minimum age 18
  • Residency: Australian Citizens Or Permanent Residents
  • Available to businesses
  • Amount from $2,000, no maximum
  • Subject To Eligibility For Credit Via Loan Application Assessment

Published by Broken Hill Bank under the Consumer Data Right, last changed by them on 11 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.