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This loan's main feature is that you have the option to choose what repayment type you want to pay over the loan's term, meaning you have the option to pay the principle and interest or interest only. This can make a huge difference to your repayments and can help your business' cash flow so it thrives over the upcoming months. You are in control with the ability to choose which option will most benefit your business, which is a pretty good place to be.
Varies with each application
Upfront Fee
1 to 15 years
Loan Term
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Product Name | Suncorp Agribusiness Loan |
---|---|
Max. Loan Amount | No maximum amount |
Loan Security | Secured |
Upfront Fee | Varies with each application |
Loan Term | 1 to 15 years |
The Suncorp Agribusiness Loan starts with your application and approval which will be based upon what type of security you offer up. This will ultimately impact the minimum and maximum amount that you can borrow, and the loan terms which can be set from 1 to 15 years. That's a fair amount of flexibility and time for your repayment.
Once your loan application has been received and approved, a personalised Agribusiness Specialist will help you structure a loan to best meet your business needs and cash flow.
Some of its features include:
Some of the fees that can be expected with this loan include:
Once your loan application has been approved, you will receive more information about the fees you can expect to pay, such as a monthly account-keeping fee and transaction fees that may apply. Since fees vary depending on your application, the costs above are an estimate of what you can expect to pay over the loan duration.
In order to be eligible for this loan, you can click on "Go to Site" and ensure you meet the following requirements:
Some documents you need to provide are:
Benefit from the two types of interest options offer with this loan. Be sure to do your research and compare business loans to ensure this one meets your business needs before applying.
Whilst we don't directly compare Suncorp Agribusiness Loan, compare other business loans offering similar features.