Fixed Rate Commercial Loan

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Commercial Loans

Available to members borrowing for Commercial or Business purposes. Lock in a rate for an agreed time to protect yourself from any rate increases. Loans are offered on either amortised or interest-only basis with competitive rates and are generally secured against real estate.

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at a glance

Fixed Rate Terms	Yes. Choice of 1 year to 5 year fixed rate periods
Protection from rate increases	Gives peace-of-mind that repayments will not increase even if interest rates increase during the fixed period
Split loan option	Yes. Loan can be split into fixed rate and variable rate portions. Find out more about our Variable Rate Commercial Loan option.
Interest Only option	Yes. Loans are offered on amortised or interest only basis to meet your business needs
Flexible Terms	Yes. Negotiable
Fast loan approval + speedy documentation preparation	Becase we know you want to be able to move quickly with your purchase
Pre-approval available	Yes. Have loan approval ready before you negotiate
Additional + Lump Sum payments allowed	Yes, free (limit of $10,000 during fixed rate period)
Flexible repayments	Yes. Pay weekly, fortnightly or monthly to suit your cash flow needs
Home + Contents insurance	Available through Summerland if required. Find out more
Internet Banking	Makes it easy Find out more about our Internet Banking
Interest rates	Current Interest Rates
Fees & Charges	Current Schedule of Fees & Charges

How to apply

Call us 1300 802 222 and ask to speak to one of our commercial specialists
Drop in to any branch and pick up a commercial application form
Enquire here
Download application form

Other information

This is general advice only and may not be right for you. Please read the Credit Guide before making decisions. Terms and conditions, fees and charges apply. Copies can be obtained from one of our branches or by calling our Support Centre on 1300 802 222.

Summerland Credit Union - Loans, Saving, Investing, Insurance