HUME BANK LIMITED
Business Line of Credit - Commercially Secured
A line of credit means you can access and draw on funds at any time, repay as much or as little as you like (as long as you cover the interest, fees & charges each month) until the end of loan term.
Business loansBank updated 10 July 2026
At a glance
- Pricing
- Rates on application
- Loan size
- $20,000 to no maximum
§ 02 — Fees · 19
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| LANDTITLE | Cash advance | No fee | — | Priced on application - Payable when you request us to produce a title deed |
| LEGALCOSTS | Cash advance | No fee | — | Priced on application - Payable when we pay our solicitors as a result of your application for a variabtion to, discharge of or our consent to any variation of your agreement or security |
| SECURITYSEARCH | Cash advance | No fee | — | Priced on application - Payable if we need to search a register in relation to any security |
| VALFEE | Cash advance | No fee | — | Priced on application - Payable when we have to pay a valuer as a result of your application for our consent to any matter relating to this agreement or the security, a variation of the agreement or… |
| CHQFEE | Event | $10 | — | Payable for each cheque required on settlement in excess of five (5) cheques |
| CONSENT_FEE | Event | $150 | — | Payable when you ask us to consent to a second mortgage on any security |
| CONTRACTVARIATIONFEE | Event | $300 | — | Payable in the event we agree to vary your loan agreement |
| DUPLICATESTATEMENTFEE | Event | $2 | — | Duplicate Statement Fee - $2 per page of statement produced. Payable when you ask us to produce duplicate statements for you. |
| FEECARDREP | Event | $10 | — | Card Issuance fee - Applicable when requesting the replacement of an existing card or when ordering a second or any additional card |
| PHOTOCOPYFEE | Event | $3 | — | $3 per page. Payable when you ask us to photocopy documents for you |
| SEARCHFEE | Event | $20 | — | Payable when we undertake any search in relation to your company or business at ASIC |
| SETTLEMENTATTFEE | Event | $75 | — | Payable when we are required to attend any settlement on your behalf |
| SWITCHFEE | Event | $300 | — | Payable when you convert from one interest rate option to another. This fee is in addition to any break costs payable |
| TITLEPRODFEE | Event | $150 | — | Payable when you ask us to produce the title to you or another credit provider |
| TITLESEARCH | Event | $50 | — | Payable when you undertake a title search in relation to any security |
| DISCHARGE_FEE | Exit | $350 | — | Payable when any security is wholly or partially discharged. |
| AGENT_FEE | Payment | $150 | — | Payable if we need to instruct an agent in connection with the settlement of your loan |
| DEFAULTFEE | Payment | $20 | — | Payable on the last day of each month during which there is an amount overdue for payment on your loan. |
| DISHONOURFEE | Payment | $16 | — | Payable if a direct debit from another account to your loan is declined or a cheque deposited to your loan account is dishonoured |
§ 03 — Features
Digital banking
- · No monthly account keeping fees
- · Flexible Repayment terms available
- · Option of interest only repayments
§ 04 — Eligibility & limits
- · Minimum age 18
- · Residency: Must be an Australian resident or citizen, with an Australian residential mailing address
- · Available to businesses
- · Amount $20,000 to no maximum
- · Product is available to approved borrowers only. Terms, conditions, fees, charges and normal lending criteria apply
- · Maximum Loan to Value Ratio of 65%
§ 06 — Run the numbers
Put this product through a calculator
Published by Hume Bank under the Consumer Data Right, last changed by them on 10 July 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.