The Finance Algorithm
IMB Bank

Fully 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.

Business loansBank updated 22 Sept 2026
At a glance
Fixed
6.74%
Variable
6.69%
Loan size
$20,000 to $5,000,000
Monthly fee
$30
§ 01 — Rates · 13
TypeApplies toTermBandRateComparisonConditions
Fixed1 year fixed rate - Residential Security1 yr fixed6.74%
Fixed1 year fixed rate - Commercial Security1 yr fixed7.24%
Fixed2 year fixed rate - Residential Security2 yrs fixed6.84%
Fixed2 year fixed rate - Commercial Security2 yrs fixed7.34%
Fixed3 year fixed rate - Residential Security3 yrs fixed6.84%
Fixed3 year fixed rate - Commercial Security3 yrs fixed7.34%
Fixed4 year fixed rate - Residential Security4 yrs fixed6.99%
Fixed4 year fixed rate - Commercial Security4 yrs fixed7.49%
Fixed5 year fixed rate - Residential Security5 yrs fixed6.99%
Fixed5 year fixed rate - Commercial Security5 yrs fixed7.49%
VariableResidential Security1–80% LVR6.69%
VariableCommercial Security1–80% LVR6.85%
VariableCommercial Security. No monthly fee. Available via third party and broker channels only.1–80% LVR6.95%
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
Monthly FeePeriodic$30Every 1 mo
Application feeUpfront0.50% of balancePercentage of the facility limit
§ 03 — Features
RedrawExtra repaymentsGuarantor optionInstant paymentsDigital bankingFraud protection
  • · 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.
§ 04 — Eligibility & limits
  • · Available to businesses
  • · Amount $20,000 to $5,000,000
  • · Maximum LVR 80%
  • · Lending criteria, terms and conditions apply

Published by IMB Bank under the Consumer Data Right, last changed by them on 22 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.