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Commercial Loan

A business loan for commercial purposes, secured by either commercial or residential property.

Business loansBank updated 14 Oct 2026
Product page ↗Fees and pricing ↗

At a glance

Variable
12.04%
Loan size
$20,000 to no maximum

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.

This business loan: 12.04%Every other institution's lowest, 46 in all

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.

This business loan: 12.04%Every other institution's lowest, 46 in all

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.

RateThis business loanBest anywhereTypical institutionWhere it sits
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower12.04%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions45th lowest of 47
Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower12.04%6.33%SCCU's BUSINESS LOAN7.89%of 47 institutions45th lowest of 47

Rates

The one rate The Mutual Bank publishes for this business loan.

TypeApplies toTermBandRateComparisonConditions
VariableLVR up to 69.99%. Interest margins may apply.Investment, Interest only--12.04%--

Rate changes

One change logged, newest first.

DateRateWasNowChange
15 Oct 2026Variable, Investment, Interest only11.79%12.04%up 0.25

Each change is logged the night it appears in the rates Maitland Mutual Limited publishes. See how every lender answered the RBA on the rate tracker.

Fees

23 fees published, grouped by when they're charged.

While you hold it1

  • COMMITMENT_FEE

    Fee is charged on the unused portion of the facility limit. It is calculated daily from the date two months after the date of the Facility Offer until the facility is fully drawn.

    1.50% of balance every 1 days

When you make a transaction9

  • AGENTS_COSTS_COMM

    Not ascertainable. Payable to us or our solicitor or their agent when they attend to the registration of a discharge of mortgage at your request or when an agent is required to attend a settlement, p…

    Varies
  • BREAK_COSTS_COMMERCIAL_LOANS

    Amount not ascertainable. May be payable to us when you are under thefixed rate option and, before the end of your fixed rate period, you convert to the variable rate option; or convert from one fixe…

    Varies
  • INFORMATION_FEE_COMM

    $1.00 per minute ($20.00 minimum fee). The fee will be calculated on the actual time spent retrieving and providing the information requested. Payable to us to provide information and that informatio…

    $20
  • LOAN_APPLICATION_FEE_COMM

    Minimum Fee $250.00 - available at the time of the application.

    $250
  • LOAN/OVERDRAFT_SERVICE_FEE_COMM

    Minimum fee $50.00 per quarter. Amount available on application. Fee is debited on your account quarterly in arrears on the last day of March, June, September and December.

    $50
  • PROGRESS_PAYMENT_FEE_COMM

    Minimum $100 per progress payment. Payable when a progress payment is made on a building or construction loan.

    $100
  • RENEGOTIATION_FEE_COMMERCIAL_LOAN

    Amount available on application. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options.

    Varies
  • VALUATION_FEE_COMMERCIAL_LOANS_(PROGRESS_VALUATION)

    Amount not ascertainable. Payable on building and constructions loans for progress valuation fees.

    Varies
  • VALUATION_FEE_COMMERCIAL_LOANS

    Valuation fees are available upon enquiry. Valuation Fees are payable in relation to each property to which a loan is secured, and may vary according to the location of the secured property.

    Varies

When particular things happen13

  • BREAK_COST_ADMINISTRATION_FEE_COMM

    Payable to us in addition to Break Costs.

    $300
  • CHEQUE_ISSUING_FEE_COMM

    Payable to us when a payment is made from your loan account by way of Financial Institution (FI) Cheque.

    $2.50
  • CONSENT_FEE_COMM

    Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property.

    $200
  • DEFAULT_ADMINISTRATION_FEE_COMM

    Payable to us when you are in default because you have not (or a security provider has not) performed an obligation on time (including any obligation to pay money).

    $50
  • DISCHARGE_ADMINISTRATION_FEE_COMM

    Per security. Payable to us each time we release a security.

    $200
  • DISHONOUR_FEE_COMM

    Payable to us when a payment (such as a direct debit, salary deduction or cheque) is dishonoured.

    $9
  • DUPLICATE_FEE_COMM

    Per copied document. Payable to us when we provide a copy of a document at your request.

    $20
  • DUPLICATE_STATEMENT_FEE_COMM

    Payable to us when we provide a copy of a statement at your request.

    $7
  • PRODUCTION_FEE_COMM

    Per document per production, plus any agents fees. Payable to us if we produce a document to the Land and Property Information division of the NSW Department of Lands or its equivalent in other juris…

    $200
  • ROLLOVER_FEE_COMM

    Per rollover. Payable to us when a loan goes from one fixed rate period to another.

    $200
  • SECURITY_SUBSTITUTION_FEE_COMM

    Per new security. Payable to us to substitute a new security for an existing one.

    $300
  • SETTLEMENT_FEE_COMM

    Per settlement. Payable to us each time we or our solicitors attend settlement in connection with a security.

    $150
  • SWITCHING_FEE_COMM

    Per switch. Payable to us to convert from one interest rate option to another on an existing loan or switch to another of our loan products.

    $300

Features

RedrawExtra repaymentsDigital banking
  • Variable and fixed interest rate options available. Fixed rates available on application
  • Loan terms up to 20 years
  • Available for bridging purposes

Eligibility and limits

  • Minimum age 18
  • Residency: Australian citizen or a permanent resident of Australia or otherwise approved
  • Available to businesses
  • Amount from $20,000, no maximum
  • Maximum LVR 70%
  • Secured by residential, commercial property, rural lifestyle

Published by Maitland Mutual Limited under the Consumer Data Right, last changed by them on 14 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.