Greater Bank
Business Line of Credit - Secured by a Term Deposit
Revolving credit facility for business purposes - Secured by a Term Deposit
Business loansBank updated 9 Sept 2026
At a glance
- Variable
- 0.00%
- Loan size
- $30,000 to no maximum
- Upfront fee
- $380
- Monthly fee
- $15
§ 01 — Rates · 3
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableBase rate disclosed. Margins will be applied. | — | — | — | 9.70% | — | — |
| Variable | — | — | up to $100,000 | 0.00% | — | paid every 6 mo |
| Variable | — | — | $100,000+ | 0.01% | — | paid every 6 mo |
§ 02 — Fees · 48
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Cheque deposit | Deposit | $0.25 | — | Fee Waiver Fee Allowance |
| Deposit bagged coin | Deposit | 1.00% of transaction | — | Fee Allowance Fee Waiver |
| Deposit unbagged coin | Deposit | 2.00% of transaction | — | Fee Allowance Fee Waiver |
| Foreign currency deposit fee | Deposit | $5 | — | — |
| Direct debit dishonour fee | Dishonour | $8 | — | — |
| Dishonour cheque fee | Dishonour | $15 | — | — |
| Information fee - Per Page | Enquiry | $1 | — | Payable when we provide information or copies to you or a third party that relates to a Security, dealing document, or any record relating to your Contract or loan account (other than information you… |
| Information fee | Enquiry | $20 | — | $20.00 plus $1.00 per page copied. Payable when we provide information or copies to you or a third party that relates to a Security, dealing document, or any record relating to your Contract or loan… |
| Cheque copy fee | Event | $15 | — | — |
| Cheque notify fee - Customer Service | Event | $20 | — | — |
| Cheque notify fee - SMS | Event | $0.20 | — | — |
| Conversion Fee | Event | $350 | — | $350 to convert, for example between a variable to a fixed loan or between principal & interest to interest only. If more than one loan is being converted at the same time each additional loan co… |
| Government charges | Event | Varies | — | Charges will be variable, calculated if and when applicable. These charges include Withholding Tax, Registration Fees on security documents and Stamp Duty. For Contracts Regulated by the National Cre… |
| Legal fee | Event | Varies | — | Fee amount will be variable, calculated if and when applicable. Payable when (or after) we make the amount of credit available to you for any costs and disbursements we have to pay a solicitor or con… |
| Mercantile agents fee | Event | Varies | — | Fee amount will be variable, calculated if and when applicable. Payable when we instruct a mercantile agent to contact you on our behalf in relation to this loan or a security. |
| Property Exchange Australia (PEXA) transaction fee | Event | Varies | — | Fee amount will be variable, calculated if and when applicable. Payable when we have to register any documents in relation to a security using PEXA, request information using PEXA, or we process a fi… |
| Registration fee | Event | Varies | — | Fee amount will be variable, calculated if and when applicable. Payable when we register any documents in relation to a security. |
| Stop payment fee | Event | $7 | — | Charged to stop payment of a cheque you have drawn or a bank cheque. |
| Discharge administration fee | Exit | $300 | — | A Discharge Administration fee is payable when you request us to close your loan account, or produce title deeds at settlement. If Greater Bank incurs any costs associated when doing this, the cost w… |
| Default Administration Fee | Late payment | $20 | — | In default by an amount that is less than 2 repayments $6.00, otherwise $20.00. |
| Default notice fee | Late payment | $50 | — | Payable when we send you a notice informing you of a default under this contract |
| Monthly facility fee | Periodic | $15 | Every 1 mo | — |
| Foreign currency conversion fee | Purchase | 3.00% of transaction | — | 3.00% of the value of the transaction in AUD debited to your account when you make a transaction in a foreign currency or in AUD when you are outside of Australia; or in Australia where the merchant… |
| Replacement card fee | Replacement | $7 | — | Domestic $7.00 |
| Replacement card fee | Replacement | $100 | — | International $100.00 |
| Cheque honour fee | Transaction | $5 | — | Charged if we honour a cheque that would otherwise have been dishonoured due to insufficient funds. |
| SMS alert fee | Transaction | $0.20 | — | Charged for each SMS alert that is sent to you notifying you of account balances and/or other nominated transactions. |
| Additional loan / Top Up fee | Upfront | 0.25% of transaction | — | 0.25% of amount borrowed or $450 whichever is greater. Payable when you apply for an additional business loan or increase your existing borrowings (using only your existing security) |
| Establishment fee | Upfront | 0.25% of transaction | — | 0.25% of amount borrowed or $600.00 whichever is greater |
| Guarantee fee | Upfront | $200 | — | Payable for each guarantee provided |
| Mortgage Insurance Premium Fee | Upfront | Varies | — | Fee amount will be variable, calculated if and when applicable. The amount charged by our mortgage insurer for a lenders mortgage insurance policy. |
| Settlement processing fee | Upfront | $180 | — | Payable for costs we incur in arranging settlement of the loan |
| Title insurance premium | Upfront | Varies | — | Fee amount will be variable, calculated if and when applicable. The amount charged by our title insurer for a lenders title insurance policy. |
| Administration fee | Variation | $350 | — | Payable when we consent to any subdivision, lease, discharge, partial discharge, change of name, release of a Security, changing a policy of lenders mortgage insurance, creation of subsequent Securit… |
| Bank cheque fee | Withdrawal | $9 | — | Fee Allowance Fee Waiver |
| Bank transfer fee | Withdrawal | $8 | — | Applicable when receiving an inward RTGS (Real time gross settlement) |
| Bulk coin purchase fee - External | Withdrawal | $8 | — | $8.00 per bag |
| Bulk coin purchase fee - In branch | Withdrawal | 2.00% of transaction | — | 2.00% of value (minimum $2.00) |
| Cheque drawn | Withdrawal | $0.80 | — | Fee Allowance Fee Waiver |
| EasyPay notification fee - Letter | Withdrawal | $8 | — | — |
| EasyPay notification fee - SMS | Withdrawal | $0.20 | — | — |
| EFT transaction fee (RTGS) | Withdrawal | $20 | — | Applicable when you send an outward RTGS (Real time gross settlement) |
| Over-the-counter BPAY | Withdrawal | $1 | — | Fee Waiver Fee Allowance |
| Over-the-counter withdrawals | Withdrawal | $2.25 | — | Fee Allowance Fee Waiver |
| Overseas ATM | Withdrawal | 3.00% of transaction | — | $5.00 plus Foreign Currency Conversion Fee Fee Allowance |
| Payment service creation fee | Withdrawal | $2.50 | — | Charged when a customer requests we create an Easypay or Third Party Payment Service to other than a Greater Bank account. |
| Telegraphic transfer - Australian Currency (Outgoing International Payment) | Withdrawal | $50 | — | When transferring in AUD. Fee is inclusive of $40.00 payable to the product issuer, Convera Australia Pty Ltd. |
| Telegraphic transfer - Foreign Currency (Outgoing International Payment) | Withdrawal | $30 | — | When transferring in a foreign currency. Fee is inclusive of $20.00 payable to the product issuer, Convera Australia Pty Ltd. |
§ 03 — Features
Guarantor optionInstant paymentsPayIDDigital bankingFraud protectionRelationship managerGoogle PayApple Pay
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Australian Residents only
- · Available to businesses
- · Amount $30,000 to no maximum
- · Must be identifiable in terms of legislative requirements. Lending criteria apply.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Greater Bank Limited under the Consumer Data Right, last changed by them on 9 Sept 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.