The Finance Algorithm
Broken Hill Bank

L5 Commercial Loan

Broken Hill Bank's Solution to Business Loans.

Business loansBank updated 11 June 2026
At a glance
Variable
11.50%
Loan size
$2,000 to no maximum
Upfront fee
$785
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableReference Rate Provided And Subject To Assessment Of Application For Credit, With Interest Rate Being Offered Upon ApprovalP&I11.50%
§ 02 — Fees · 24
FeeTypeAmountWhenNotes
BHCCU Enforcement ExpenseEventNo fee
Credit Bureau Default ListingEvent$75
Debt Agreement FeeEvent$150
Discharge Administration FeeEvent$250
Discharge Of Mortgage FeeEvent$500.52
Enforcement Collection CostEventNo fee
Enforcement ExpenseEventNo fee
Guarantee Security FeeEvent$325
Loan Contract Variation FeeEvent$375
PPSR Alteration FeeEvent$17.50
PPSR Discharge FeeEventNo fee
Progress Drawdown FeeEvent$150
Security Handling FeeEvent$200
Settlement FeeEvent$150
Loan Redraw Processing FeeTransaction$35
Agents FeeUpfrontNo fee
Credit Report FeeUpfront$20
IPEX FeeUpfront$35
Loan Establishment Fee - Self Employed or Debt ConsolidationUpfront$705
PPSR Registration FeeUpfront$17.50
PPSR Search FeeUpfront$7.50
Registration FeeUpfrontNo fee
Solicitors FeeUpfrontNo fee
Valaution FeeUpfrontNo fee
§ 03 — Features
RedrawExtra repaymentsDigital bankingUnlimited transactions"Relationship Rewards"
  • · No Monthly Account Keeping Fees
  • · No Loan Service Fees
  • · No Penalties For Early Payouts
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Australian Citizens Or Permanent Residents
  • · Available to businesses
  • · Amount $2,000 to 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.