Business/Farm/Commercial Loan - Unsecured
Business/Farm/Commercial Loan - Unsecured
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.
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.
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.
| Rate | This business loan | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 18.75% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 47th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 18.75% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 47th lowest of 47 |
Rates
The one rate Goulburn Murray Credit Union Co-Operative Ltd publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | P&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
Eligibility and limits
- Terms, conditions, lending eligibility and approval criteria apply.
Compare it with others
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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.