Variable Rate Commercial Loan

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Commercial Loans

Available to members borrowing for Commercial or Business purposes. Loans are offered on either amortised or interest-only basis with competitive rates. Loans are generally secured against Real Estate.

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at a glance

Split Loans	Yes. Loan can be split into fixed rate and variable rate portions. Find out more about our Fixed Rate Commercial Loan option.
Additional + Lump Sum payments Allowed	Yes, free
Construction purpose	Yes. Loans are available to build your commercial premises with interest only period available during construction period
Interest Only option	Yes
Flexible Terms	Yes. Loans are generally offered over a fifteen year term however longer terms may be negotiated
Fast loan approval + speedy documentation preparation	Because we know you want to be able to move quickly
Pre-approval available	Yes. Have loan approval ready before you negotiate
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