- Business loans up to $125,000
- Low-interest starting from 13.50%
- Repayment up to 7 years
[Accessed May 24, 2023]
About Beyond Bank
As a mutual bank, you can rest assured that Beyond Bank is not out for profit but rather for growth and community – something which also ensures you get the lowest possible interest rates on everything from savings accounts and personal loans to business finance.
Beyond Bank gives back
From curing cystic fibrosis to helping people who are struggling, displaced and have no place to sleep – Beyond Bank is community orientated and gives back in ways that truly make a big difference. In addition, they use all profits to benefit their customers and communities and are the first AU bank to become B-corp certified.
A transparent financial services provider
When you navigate through Beyond Bank’s website one of the things that will become immediately evident is their superior level of transparency. You don’t have to dig around to find their rates, review their products or download their T’s & C’s. They are transparent, honest and, as a mutual bank, they offer great value, low rates and good service.
CANSTAR - 5 stars for outstanding value
They've been in the online spotlight for our outstanding products and services and have received 5 stars for outstanding value on CANSTAR from 2013 to 2016 and Mozo’s People’s Choice 2016 for customer satisfaction.
Beyond Bank Services
Before we look into the lines of credit and business loan options available to small businesses at Beyond Bank Australia, let’s consider some of their other beneficial business accounts and products.
If you’re looking for a bank to do your business banking a SMALLBiz Account will offer you flexibility, an overdraft when required and rates that apply based on your business income.
Choose from 4 distinctive Beyond Bank business finance options which include:
- SMALLBiz Vehicle Loan
- SMALLBiz Investment Loan
- SMALLBiz Line of Credit
- SMALLBiz Personal Loan
With these 4 options, you can certainly find a business loan solution that meets the needs of your business without neglecting your business plan or business budgetary goals.
Fixed and variable business loan rates from just 4.39%
Beyond Bank offer business investment loans from just 4.39% per annum, vehicle loan rates from 8.69% per annum, personal business loan rates from 13.50% and secured lines of credit from 5.64% per annum.
With this investment loan, you don’t have to pay any penalties for making extra payments, you can choose a variable or fixed rate and you get access to a range of web and mobile banking services and applications.
Beyond Bank – Business loan
- Loan Type Business loans
- Interest Rate from 13.50%
- Loan Amount up to $125,000
- Repayment 12 months to 7 years
Benefits of Beyond Bank
- Repayment terms up to 7 years
- Flexible business loans
- Business loan amounts up to $125,000
Business loan calculator
Get business loans, lines of credit and business bank accounts for less!
From home loans, personal loans and credit cards to business bank accounts and investment loans – Beyond Bank offers some of the lowest interest rates in the Australian financial market.
Value and community orientated
As a customer-owned bank, you can rest assured that the main objective of this bank is not profit but rather, value.
Any profits made will also always be reinvested into bringing customer lower interest rates on loans, higher rates on investments and better and more innovative financial services.
Apply for a business personal loan
Although they currently do not allow customers to apply for credit online, you can fill in their online contact request form and a consultant or business specialist will then contact you to discuss your business finance needs.
Business personal loans from Beyond Bank can be used for any business purpose except purchasing a vehicle or making an investment – as they offer specific products for these needs.
The business loan amounts on offer are anything from $5,000 to $125,000 with a loan term of 1 to 7 years.
Why was my business loan application rejected?
As much as Beyond Bank would like to assist every client, they can’t help a customer that's already in too much debt. They wouldn’t be doing you any justice by adding further strain on your budget.
As an entrepreneur who wants to ensure that their business survives, you have to try to save as much money as you can while trying to make your organisation profitable. They'd rather advise you to first pay off your loans and then apply for further credit.
All personal information is kept private and confidential
It's no secret that a number of clients don’t like sharing their personal details and Beyond Bank understand this.
If you prefer to visit their offices, you can do so. Alternatively, they normally ask customers security questions before they request additional documents.
Beyond Bank is a trusted & reliable provider of business loans
In our review, Beyond Bank adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.
✅ Beyond Bank is a registered credit provider in Australia: ACL 237856
Customer Reviews & Testimonials
I am yet to meet a bank that goes out of its way to impress its customers like Beyond Bank.
— Perth —
Thanks to Beyond Bank, my business was able to get the upgrade that it needed.
— Canberra —
A day was all it took to have my business loan application approved.
— Newcastle —