The Finance Algorithm
Goulburn Murray Credit Union Co-Operative Ltd logoGoulburn Murray Credit Union Co-Operative Ltd

Business/Farm/Commercial Loan - Unsecured

Business/Farm/Commercial Loan - Unsecured

Business loansBank updated 9 Apr 2026

At a glance

Variable
18.75%
Upfront fee
$500

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: 18.75%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: 18.75%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 lower18.75%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions47th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower18.75%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions47th lowest of 47

Rates

The one rate Goulburn Murray Credit Union Co-Operative Ltd publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
VariableP&I--18.75%--

Fees

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

When you take it out1

  • BUSINESS/COMMERCIAL_LOAN_ESTABLISHMENT_FEE

    Establishment Fee starts from $500.00 and increases based on loan amount and complexity

    $500

When you make a transaction1

  • LOAN_REDRAW_FEE
    $50

When particular things happen4

  • LOAN_CONTRACT_VARIATION_FEE

    For Each Variation

    $300
  • LOAN_DEFAULT_FEE-_FINAL_NOTICE
    $25
  • LOAN_DEFAULT_FEE-_SECOND_REMINDER_LETTER
    $15
  • LOAN_DEFAULT_FEE
    $10

Features

Redraw

Eligibility and limits

  • Terms, conditions, lending eligibility and approval criteria apply.

Published by gmcu under the Consumer Data Right, last changed by them on 9 Apr 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.