Rate Money ElevatePrivate Loan
Flexible short term lending primarily for company and trust borrowers to cash out, refinance or purchase commercial or residential property. Non-NCCP scenarios accepted.
Also sold at the same rates and fees as AFG Commercial, Connective Advance, Finsure Thrive, Paramount Edge, Thinktank, Thinktank by LMG and YBR Lending Solutions.
At a glance
- Variable
- 8.99%
- Loan size
- $100,000 to $7,500,000
- Upfront fee
- $495
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 | 8.99% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 37th lowest of 47 |
| Business loanLowest advertised rate, fixed or variable, leaving out SMSF loans; secured loans usually price lower | 8.99% | 6.33%SCCU's BUSINESS LOAN | 7.89%of 47 institutions | 37th lowest of 47 |
Rates
Every rate Rate Money Elevate publishes for this business loan, 4 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableMid Doc Private Residential – Minimum Starting Rate for private loans. | Interest only | - | - | 8.99% | - | - |
| VariableQuick Doc Private Residential – Minimum Starting Rate for private loans. | Interest only | - | - | 9.24% | - | - |
| VariableMid Doc Private Commercial – Minimum Starting Rate for private loans. | Interest only | - | - | 9.49% | - | - |
| VariableQuick Doc Private Commercial – Minimum Starting Rate for private loans. | Interest only | - | - | 9.74% | - | - |
Fees
6 fees published, grouped by when they're charged.
- When you take it outUp to $4955 fees, each listed below
- While you hold itNo fee published
- When you close it or pay it off$1,000Discharge Fee
When you take it out5
- Establishment Fee
Multiple establishment fee structure available, GST applicable in addition to rate %.
1.25% of balance - Legal Fee
This fee covers legal services and varies depending on transaction complexity.
Varies - Settlement Fee
A fixed settlement fee is charged when the loan is settled.
$495 - Title Insurance
Title insurance may apply in certain cases.
Varies - Valuation Fee
Valuation fees depend on property type and location.
Varies
When you close it or pay it off1
- Discharge Fee
Covers the administrative process for full or partial discharge of security, plus any legal fees.
$1,000
Features
Eligibility and limits
- Minimum age 18
- Available to individuals
- Available to businesses
- Amount $100,000 to $7,500,000
- Loan must meet lending policy and criteria.
- LVRs and pricing vary by location
Compare it with others
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Published by Rate Money Elevate under the Consumer Data Right, last changed by them on 6 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.