Police Credit Union LimitedSecured Non-Property Term Loan Variable
Secured Non-Property Term Loan Variable
At a glance
- Variable
- 7.90%
- Upfront fee
- $500
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 | 7.90% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 24th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 7.90% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 24th lowest of 47 |
Rates
The one rate Police Credit Union Limited publishes for this business loan.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Investment, P&I | - | ≤80% LVR | 7.90% | - | - |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 31 Oct 2026 | Variable, Investment, P&I, ≤80% LVR | 7.65% | 7.90% | up 0.25 |
Each change is logged the night it appears in the rates Police Credit Union Ltd publishes. See how every lender answered the RBA on the rate tracker.
Fees
22 fees published, grouped by when they're charged.
When you take it out3
- BUSINESS_BANKING_FURTHER_ADVANCE_FEE$500
- COMMERCIAL_LOAN_APPLICATION_FEES$500
- VOUCHER/DOCUMENT_SEARCH_FEE
Payable per search
$20
When you make a transaction8
- DOCUMENT_SEARCH
Per search - provides a duplicate copy of a registered document from Property Assist
$11.50 - REGISTRATION_FEE_(NT)
Per instrument. Payable to register our interests as Mortgagee. Or alternatively, to remove the interest of another Financial Institution from the title.
$176 - REGISTRATION_FEE
Per instrument. Payable to register our interests as Mortgagee. Or alternatively, to remove the interest of another Financial Institution from the title.
$198 - TITLE_SEARCH_(NT)
Per Search - provides a copy of the title to the property
$55.78 - TITLE_SEARCH_(SA)
Per search - provides a copy of the title of the property
$35.50 - VALUATION_FEE_(NT)
from $205.00, please see tier Valuation Fee for Property Value up to over $1,500,000
$205 - VALUATION_FEE
From $205 - a fee charged to value the proposed security property for metropolitan area. Outside metropolitan area as charged by the valuer.
$205 - BANK_CHEQUE_FEE
Per cheque - Purchase of a bank cheque for settlement
$12
When particular things happen11
- BUSINESS_BANKING_CONVEYANCER'S/SOLICITORS_FEE
Covers preparation of mortgage documents,
$350 - BUSINESS_BANKING_VARIATION_OF_SECURITY_FEE
Payable when ever we consent to the substitution of the mortgaged property.
$250 - DEED_OF_PRIORITY_FEE
Payable whenever we prepare a Deed of Priority.
$110 - DEFAULT_FEE
Payable whenever your repayments become in arrears by 15 days or more.
$15 - DEMAND_FEE
Payable whenever we send you a notice demanding that you remedy a default under your contract.
$50 - DISCHARGE_OF_MORTGAGE_FEE/SECURITY_DISCHARGE_ADMIN_FEE
Administration cost payable whenever we prepare to discarge a mortage at your request.
$150 - DISHONOUR_FEE
Payable whenever a direct debit, cheque or payment order to your account is declined or dishonoured.
$15 - DOCUMENT_PREPARATION_FEE
Payable whenever we prepare more than three documents.
$150 - PROGRESSIVE_DRAWDOWN_FEE
Payable when we make a number of progressive payments to fund your loan amount, typically for construction or major renovation finance. Payable upon initial disbursement of your loan.
$500 - RENEGOTIATION/REVIEW_FEE
Payable whenever we renegotiate, vary or review your loan facilities.
$500 - WRITTEN_NOTICE_FEE
Payable whenever we send you a notice that your repayments are in arrears or your account is overdrawn.
$25
Features
Eligibility and limits
- Minimum age 18
- Available to businesses
Compare it with others
Put this product through a calculator
Published by Police Credit Union Ltd under the Consumer Data Right, last changed by them on 30 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.