IMB BankFully Drawn Commercial Loan
IMB’s Fully Drawn Commercial Loans are designed with flexibility to help you achieve your business goals, whether it’s to establish your business or grow your investments. IMB’s commercial loan options include fixed or variable interest rates or a combination of both.
At a glance
- Fixed
- 6.99%
- Variable
- 6.94%
- Loan size
- $20,000 to $5,000,000
- Monthly fee
- $30
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 | 6.94% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 8th lowest of 47, level with one other |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 6.94% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 8th lowest of 47, level with one other |
Rates
Every rate IMB Bank publishes for this business loan, 13 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed1 year fixed rate - Residential Security | - | 1 yr fixed | - | 6.99% | - | - |
| Fixed1 year fixed rate - Commercial Security | - | 1 yr fixed | - | 7.49% | - | - |
| Fixed2 year fixed rate - Residential Security | - | 2 yrs fixed | - | 7.09% | - | - |
| Fixed2 year fixed rate - Commercial Security | - | 2 yrs fixed | - | 7.59% | - | - |
| Fixed3 year fixed rate - Residential Security | - | 3 yrs fixed | - | 7.09% | - | - |
| Fixed3 year fixed rate - Commercial Security | - | 3 yrs fixed | - | 7.59% | - | - |
| Fixed4 year fixed rate - Residential Security | - | 4 yrs fixed | - | 7.29% | - | - |
| Fixed4 year fixed rate - Commercial Security | - | 4 yrs fixed | - | 7.79% | - | - |
| Fixed5 year fixed rate - Residential Security | - | 5 yrs fixed | - | 7.29% | - | - |
| Fixed5 year fixed rate - Commercial Security | - | 5 yrs fixed | - | 7.79% | - | - |
| VariableResidential Security | - | - | 1–80% LVR | 6.94% | - | - |
| VariableCommercial Security | - | - | 1–80% LVR | 7.10% | - | - |
| VariableCommercial Security. No monthly fee. Available via third party and broker channels only. | - | - | 1–80% LVR | 7.20% | - | - |
Fees
2 fees published, grouped by when they're charged.
- When you take it out0.50% of balanceApplication fee
- While you hold it$30 a monthMonthly Fee
- When you close it or pay it offNo fee published
When you take it out1
- Application fee
Percentage of the facility limit
0.50% of balance
While you hold it1
- Monthly Fee$30 a month
Features
- Direct Credit is available on this account type.
- Receive only
- Receive Electronic Funds Transfers (EFT) to this account type.
- IMB boasts an extensive branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne.
- IMB consultants are available Monday to Friday 8am - 8pm and Saturday 9am - 4pm
- Split loan available.
Eligibility and limits
- Available to businesses
- Amount $20,000 to $5,000,000
- Maximum LVR 80%
- Lending criteria, terms and conditions apply
Compare it with others
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Published by IMB Bank under the Consumer Data Right, last changed by them on 23 Oct 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.