The Finance Algorithm
Cairns 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 5 June 2026
At a glance
Variable
7.74%
Loan size
$5,000 to no maximum
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableInterest only7.74%
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
ADDITIONAL_REDRAW_FEEEvent$20Payable in respect of each redraw in a month after the first free redraw
BANK_CHEQUE_FEEEvent$12Payable for each cheque from a Bank (other than Cairns Bank) you request
CORPORATE_CHEQUEEvent$10
DISCHARGE_PREPARATION_FEEEvent$60When the balance is repaid in full and a Form 3 is prepared
DISCHARGE_SETTLEMENT_FEEEvent$100When required to attend at settlement
INWARD_DISHONOUR_FEEEvent$20If 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
SUBSEQUENT_DEALING_FEEEvent$200When you apply for consent to a subsequent dealing with the mortgaged property
VARIATION_OF_LOAN_CONTRACT_FEEEvent$200Payable when you apply to vary a loan contract
ACCOUNT_KEEPING_FEEPeriodic$12
ARREARS_FEEPeriodic$25For loans in arrears two month or more
COMMERCIAL_LOAN_APPLICATIONUpfront0.50% of balanceMinimum Fee of $500
§ 03 — Features
RedrawOverdraft
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Available to individuals
  • · Available to businesses
  • · Amount $5,000 to no maximum

Published by Cairns bank under the Consumer Data Right, last changed by them on 5 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.