Great Southern Bank Business+
Business+ Loan
Whether it's to expand your business, cover expenses, or fund a big purchase, this product could help your business take the next step.
Business loansBank updated 28 Apr 2026
At a glance
- Fixed
- 10.95%
- Loan size
- $20,000 to $3
- Upfront fee
- $495
- Monthly fee
- $20
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedCustomer margin may apply. | P&I | 1 yr fixed | $20,000–$50,000 | 10.95% | — | — |
| FixedCustomer margin may apply. | P&I | 2 yrs fixed | $20,000–$50,000 | 10.95% | — | — |
| FixedCustomer margin may apply. | P&I | 3 yrs fixed | $20,000–$50,000 | 10.95% | — | — |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Early payment fee | Event | $50 | — | A one-off fee payable if the whole or part of your fixed rate loan is repaid early or your Loan Agreement is varied or terminated during a fixed rate period, as set out in the relevant Business Loan… |
| Service Fee | Periodic | $20 | Every 1 mo | A monthly fee payable whilst your Loan Account remains open, as set out in the relevant Business Loan Letter of Offer. |
| Establishment Fee | Upfront | $495 | — | A one-off fee payable for the establishment of your Loan Account, as set out in the relevant Business Loan Letter of Offer. On the Loan Date, this fee will be added to the Amount Owing and payment fo… |
| Early payout cost | Variation | Varies | — | If the loan is repaid (in whole or in part), varied or terminated before the end of the fixed rate period, GSB may incur costs under our finance arrangements and we're likely to pass on these costs a… |
§ 03 — Features
Guarantor optionDigital bankingFraud protection
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: You must be an Australian tax resident.
- · Available to businesses
- · Amount $20,000 to $3
- · To open an account, you must meet our ID verification requirements.
- · To open an account, you will need to download, register and activate your Great Southern Bank Business app.
- · You must have an Australian mobile number and a valid email address.
- · To open an account, you must have an Australian Address.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Great Southern Bank Business+ under the Consumer Data Right, last changed by them on 28 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.