The minimum amount that you can borrow is $5,000. You can make repayments on a weekly, fortnightly, monthly or quarterly schedule.
Yes — an early repayment fee of $250 applies. ANZ business loan repayments computes the early repayment fee depending on the amount you borrowed.
There are cases where it’s required to render additional security. These are: when the value of your security has materially reduced; the loan amount that you borrowed increased (‘top-up’ or a new loan); the security for your loan was withdrawn by your guarantor; and the security for your loan needs to be replaced.
Yes. You’ll be charged with a switch fee or $250. An early repayment fee of $250 may apply when you switch from fixed interest to variable interest.