The Finance Algorithm
Cairns bank logoCairns bank

Commercial Loan

Secured loan for commercial purposes, including the purchase of the commercial premises for business or investment purposes and overdraf facitlies

Business loansBank updated 14 Oct 2026

At a glance

Fixed
7.29%
Loan size
$5,000 to no maximum

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: 7.29%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: 7.29%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 lower7.29%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions13th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower7.29%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions13th lowest of 47

Rates

The one rate Cairns bank publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
FixedP&I2 yrs fixed-7.29%--

Fees

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

  1. When you take it out0.50% of balanceCOMMERCIAL_LOAN_APPLICATION
  2. While you hold itUp to $252 fees, each listed below
  3. When you close it or pay it offNo fee published

When you take it out1

  • COMMERCIAL_LOAN_APPLICATION

    Minimum Fee of $500

    0.50% of balance

While you hold it2

  • ACCOUNT_KEEPING_FEE
    $12
  • ARREARS_FEE

    For loans in arrears two month or more

    $25

When particular things happen8

  • ADDITIONAL_REDRAW_FEE

    Payable in respect of each redraw in a month after the first free redraw

    $20
  • BANK_CHEQUE_FEE

    Payable for each cheque from a Bank (other than Cairns Bank) you request

    $12
  • CORPORATE_CHEQUE
    $10
  • DISCHARGE_PREPARATION_FEE

    When the balance is repaid in full and a Form 3 is prepared

    $60
  • DISCHARGE_SETTLEMENT_FEE

    When required to attend at settlement

    $100
  • INWARD_DISHONOUR_FEE

    If a cheque received by the Credit Provider is dishonoured this fee will be debited to your account. After that debit is made, this fee is payable as part of the balance

    $20
  • SUBSEQUENT_DEALING_FEE

    When you apply for consent to a subsequent dealing with the mortgaged property

    $200
  • VARIATION_OF_LOAN_CONTRACT_FEE

    Payable when you apply to vary a loan contract

    $200

Features

RedrawOverdraft

Eligibility and limits

  • Minimum age 18
  • Available to individuals
  • Available to businesses
  • Amount from $5,000, no maximum

Published by Cairns bank under the Consumer Data Right, last changed by them on 14 Oct 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.