Variable Business Loan Rates#
| <$1M | $1M+ | |||
|---|---|---|---|---|
| Fully Drawn Business Loan (Commercial Security) (rates starting from) | 3.79% pa | 3.29% pa | ||
| Fully Drawn Business Loan (Residential Security) | 3.69% pa | 2.99% pa | ||
| Business Asset Finance/Leasing | Rates on application | |||
Overdraft Rates#
| Interest Rate | |||
|---|---|---|---|
| Secured Business Overdraft | 7.34% pa | ||
| Unsecured Business Overdraft | 10.34% pa |
Fixed Business Loan Rates#
| Residential Security | Commercial Security | ||||
|---|---|---|---|---|---|
| <$1M | $1M+ | <$1M | $1M+ | ||
| 1 year | 3.69% pa | 3.69% pa | 3.69% pa | 3.69% pa | |
| 2 years | 3.69% pa | 3.29% pa | 3.69% pa | 3.29% pa | |
| 3 years | 3.69% pa | 3.29% pa | 3.69% pa | 3.29% pa | |
| 4 years | 4.59% pa | 4.19% pa | 4.69% pa | 4.19% pa | |
| 5 years | 4.79% pa | 4.19% pa | 4.89% pa | 4.19% pa | |
IMB rates current as at 18 August 2020 and subject to change. IMB lending criteria, terms and conditions, fees and charges apply. #Interest rates are indicative and may vary on settlement. A borrower margin may apply. All fixed rate loans convert to a variable rate at the end of the fixed rate term.
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Why choose IMB Bank?
Established in 1880, IMB has been helping people achieve their financial goals for 140 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking and can arrange financial planning, insurance and travel products.
IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.
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