The TOP - 12 business overdraft for 1 year05.10.2018
Bankchart.com.au has surveyed the terms of the offered business overdraft for 1 year in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 05.10.2018
As of 14 September 2018 the loans under review have been offered by 12 banks. The average interest rate under such loans equals 9,16 % p.a. The total number of the loan programs available for the specified loan terms is 26.
The most affordable business loan is offered by Bank of Sydney. The comparison rate under "Business ResiSec Overdraft" loan program constitutes 4,55 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.
The TOP -12 business overdraft loan programs for 1 year, as of 14 September 2018
rate type: variable
approval fee: $ 295,00
administration: $ 12,50, monthly
rate type: variable
facility fee: $ 30,00, monthly
rate type: variable
facility fee: $ 250,00, every 3 months
rate type: variable
facility fee: 1,75%, one-time
max. sum: $ 50 000,00
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Published: 05 October 2018
Author: Prostobank Consulting
Source: https://bankchart.com.au