The Finance Algorithm

At a glance

Variable
19.00%
Loan size
$500 to no maximum
Upfront fee
$5

How it compares

This overdraft 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 overdraft: 19.00%Every other institution's lowest, 11 in all

Lowest advertised rate; most are variable. One dot per institution, at its lowest business overdraft rate anyone can apply for; hover or tap a dot for its name.

This overdraft: 19.00%Every other institution's lowest, 11 in all

Lowest advertised rate; most are variable. One dot per institution, at its lowest business overdraft rate anyone can apply for; hover or tap a dot for its name.

RateThis overdraftBest anywhereTypical institutionWhere it sits
Business overdraftLowest advertised rate; most are variable19.00%8.24%IMB Bank's Commercial Credit line10.06%of 12 institutions12th lowest of 12
Business overdraftLowest advertised rate; most are variable19.00%8.24%IMB Bank's Commercial Credit line10.06%of 12 institutions12th lowest of 12

Rates

The one rate Coastline publishes for this overdraft.

TypeApplies toTermBandRateComparisonConditions
VariableInvestment, Interest only--19.00%-Existing cust; Min deposits; New accounts; New customer

Fees

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

When you take it out3

  • PPSR Security Interest Fee
    $50
  • Property Search Fee
    $30
  • Settlement Disbursement Fee
    $5

When you make a transaction2

  • CU Solicitor Mtg Discharge Fee
    $380
  • Mortgage Discharge Fee
    $250

When particular things happen4

  • Arrears Reminder Fee
    $5
  • Final Notice of Demand
    $40
  • Loan Renegotiation Fee
    $150
  • Manual Arrears Transfer Fee
    $5

Features

Guarantor option

Eligibility and limits

  • Available to businesses
  • Amount from $500, no maximum

Published by Coastline Bank under the Consumer Data Right, last changed by them on 24 Mar 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.