|
| Key features | |
|---|---|
| Minimum Loan Amount | $20,000 |
| Maximum Loan Amount | $5,000,000 |
| Loan period | Up to 25 Years* |
| Repayments |
Monthly, fortnightly or weekly Interest Only available |
| Redraw Facility | Yes (On both the fixed and variable rate commercial loan products) |
| Rates, fees and charges | For information on interest rates, fees and charges please contact an IMB Business Relationship Manager |
| Statement frequency | Monthly |
| Split Loan | Yes – Free of charge |
| Early Repayment | 2 months of interest on the original loan amount is payable if the loan is fully repaid within the first 3 years |
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Normal IMB lending criteria, terms and conditions, fees and charges apply. *25 year term only available for loans <$1m and subject to IMB lending criteria. Shorter terms available for loans >$1m and / or loans otherwise not qualifying for a 25 year term. Full loan terms and conditions are available upon request by calling 133 462, 8:00am to 8:00pm Mon-Fri, or 9:00am to 4:00pm Saturday