ANZ Business Loan - Review & Fees |

ANZ Business Loan

Last updated:  

Boost your business capital with a business loan from ANZ.

Whether you want to expand your business or are in dire need of new equipment, the ANZ Business Loan may be an option to consider. You're able to choose between secured or unsecured finance as well as the type of interest rate you want.

Find out more about ANZ's Business Loan in this review.


Upfront Fee


Max. Loan Amount

Up to 15 years

Loan Term

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!


Product NameANZ Secured Business Loan
Min. Loan Amount$10,000
Max. Loan Amount$10,000,000
Loan SecuritySecured
Upfront Fee$600
Loan TermUp to 15 years

How does the ANZ Business Loan work?

Your business can apply for a minimum of $10,000. The loan terms are dependent on whether or not you want a fixed or variable rate loan.

The fixed rate loan terms are a maximum of 10 years and the variable rate loan terms are up to 15 year(s). Once you've applied for the loan and been approved for the amount you've applied for, the funds will be in your account within the terms specified by the ANZ small business specialist.

Features of the ANZ Business Loan

Some of the features of this loan include:

  • Unsecured or secured loan terms. There is the option to choose between a secured or unsecured loan term. The secured option requires that you put an asset against the loan, which brings benefits such as a lower interest rate.
  • Variable or fixed interest rate terms. There are three different interest rate types to choose from: a variable rate with a loan term of up to 15 year(s), a fixed rate with interest in arrears (due at the end of the loan period) with a loan period of up to 10 years, and a fixed rate with interest in advance and a loan period of up to 5 years.
  • Varied repayment options. You can choose between repaying the principal and interest or paying interest only and a lump sum balloon payment of up to 80% of the loan amount at the end of the loan term.
  • Varied repayment terms. There are varied loan repayment terms depending on which loan you choose. With the variable rate loan you can repay the loan weekly, fortnightly, monthly, quarterly, half-yearly, yearly or seasonally. With the fixed rate loan you can repay the loan in monthly, quarterly, half-yearly or yearly installments.
  • Large minimum amount. The minimum amount for this loan is $10,000.

How much does the loan cost?

With this loan the following fees apply:

  • Loan approval fee which is subject to negotiation and detailed in your letter of offer
  • A loan administration charge that varies depending on how much you want to borrow
  • A renegotiation fee of $600
  • A forward start fee that is dependant on how much you borrow
  • An early repayment fee of $300
  • A $600 locked rate fee plus a percentage of the loan (available on application) if you decide to go with the fixed rate option

How to apply for the ANZ Business Loan

You can apply for this business loan through an online enquiry, over the phone or meet with a small business specialist at your local ANZ branch. However, there are some eligibility requirements to be aware of before applying:

  • You must be over the age of 18
  • You must have a registered ABN or ACN
  • You must not have applied for bankruptcy before applying for this loan
  • Your small business specialist can help you with these and any other queries before applying.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site