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.
At a glance
- Fixed
- 10.95%
- Loan size
- $20,000 to $50,000
- Upfront fee
- $495
- Monthly fee
- $20
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 | 10.95% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 42nd lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 10.95% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 42nd lowest of 47 |
Rates
Every rate Great Southern Bank Business+ publishes for this business loan, 3 in all.
| 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% | - | - |
Fees
4 fees published, grouped by when they're charged.
- When you take it out$495Establishment Fee
- While you hold it$20 a monthService Fee
- When you close it or pay it offNo fee published
When you take it out1
- Establishment Fee
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…
$495
While you hold it1
- Service Fee
A monthly fee payable whilst your Loan Account remains open, as set out in the relevant Business Loan Letter of Offer.
$20 a month
When particular things happen2
- Early payment fee
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…
$50 - Early payout cost
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…
Varies
Features
Eligibility and limits
- Minimum age 18
- Residency: You must be an Australian tax resident.
- Available to businesses
- Amount $20,000 to $50,000
- To open an account, you must have an Australian Address.
- 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 meet our ID verification requirements.
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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.