IMB BUSINESS LOAN FROM
6.00
% p.a
VARIABLE RATE*
Rate shown is for loans with residential security and P&I repayments. Loan amounts $1M–$5M. LVR <60%.
Other rates available for 60-80% LVR or Commercial Security.
Borrow up to $10M to purchase a business property.
IMB BUSINESS LOAN FROM
6.00
% p.a
VARIABLE RATE*
Rate shown is for loans with residential security and P&I repayments. Loan amounts $1M–$5M. LVR <60%.
Other rates available for 60-80% LVR or Commercial Security.
Similar to a mortgage, your business can borrow an amount secured by property (residential or commercial) and repay it on a predetermined schedule, with interest.
Our business banking managers can help you structure a loan in a way that suits your business and cashflow needs.
$100,000
$10,000,000
Up to 25 years
Principal & Interest / Interest Only
Monthly / fortnightly / weekly
2 months of interest on the original loan amount is payable if the loan is fully repaid within the first 3 years
Yes (On both the fixed and variable rate commercial loan products)
Monthly
Yes - Free of charge
Borrow up to $2M to purchase business assets.
For your business to grow, you need the right equipment. We’ve partnered with Angle Finance to offer secured finance for equipment purchases2.
Motor vehicles or yellow goods
For any asset on wheels or tracks, from commercial vehicles (up to 4.5 tonnes) to excavators, backhoes, forklifts and mowers.
Secondary and tertiary assets
Industrial, medical, planting, printing, IT and office equipment
$10,000
$2,000,000
Options for all business types, including low documentation or new ABN holders
Flexible loan terms and payment schedules to suit your business
Fixed rate repayments for easy cash flow planning
Explore our options to enhance your business working capital.
A Secured or an Unsecured Business Overdraft works in conjunction with your IMB Business Transaction Account to assist you with the day-to-day working capital requirements of your business.
$20,000
$500,000 (higher amounts may be
considered on an individual basis)
Monthly
Secured and Unsecured
May be secured by residential, commercial or industrial property
Branch, ATM, IMB Visa Debit, EFTPOS, Apple Pay, Samsung Pay, Google Pay, Garmin Pay and Internet, Mobile and Phone Banking
We can provide a contract retention or lease bond through our Performance Guarantee to free up your working capital for business operations.
This is secured by property mortgage or funds held on deposit.
No minimum
$500,000 (higher amounts may be
considered on an individual basis)
As required or open ended
Nil
Establishment and 6 monthly fees apply. Contact an IMB Business Banking Manager for details
Loan redraws are allowed on both variable and fixed commercial loans, subject to the terms and conditions specified in the loan agreement. The minimum redraw amount is $500.
For more information talk to an IMB Business Banking Manager.
Yes, IMB have partnered with Angle Finance (an Australian-based non-bank lender) to help IMB members finance primary assets including transport, construction, materials handling, and earthmoving equipment. Angle Finance will also finance secondary and tertiary assets. Reach out to our team for more information.
The information presented about Angle Finance products is factual only and is not intended to imply any recommendation or opinion by IMB about Angle Finance products. Equipment finance is provided by Angle Finance, a trading name of ACN 603 303 126 Pty Ltd, ABN 98 603 303 216. All applications are subject to Angle Finance lending criteria, terms and conditions, and must be for business purposes. IMB is not a Credit Representative for Angle Finance and is not able to give advice about Angle financial products. You should consider the relevant Angle Finance terms and conditions before deciding whether to acquire any products or services. IMB receives a commission from Angle Finance when an IMB customer purchases Angle Finance products.
IMB offers a range of transactional services, including our Business Transaction Account, Business Cash Management Account, Visa Debit Cards, Internet Banking and Mobile Banking App (make payments to multiple creditors or staff, automated bank feeds for your business accounts), and merchant payment options.
IMB can also assist with Business Overdraft options to help manage cash flow highs and lows, and Bank Guarantees for rental bonds, contract performance and retention.
IMB requires full documentation to establish a borrower’s eligibility. This includes identification, financial statements, tax returns and other relevant documents to verify income and expenses, assets and liabilities.
The minimum loan amount for commercial loans is $100,000. The maximum is usually capped at $10 million, unless negotiated and approved by IMB.
The maximum term for commercial loans is typically 25 years. Interest-only repayment periods can be up to 5 years.
For IMB Business Loans, LVR varies based on the security type e.g. residential or commercial. Please contact a local Business Banking Manager to find out more.
You can be assured that you will receive a competitive rate on your lending, with an experienced and dedicated Business Banking Manager (no more call centres) ready to help. We understand business, and are easy and simple to deal with, so you can focus on business growth.
Yes! We love relationship banking and partnering one-on-one with SMEs to help grow their business.
General
Information current as at date of appearance and subject to change. Lending criteria, terms and conditions, fees and charges apply and available upon request.
Interest rates are for new applications only and they are not available for refinance of existing IMB loans. A borrower margin may apply.
*Available for a limited time on new Fully Drawn Commercial Loan applications received from 20/03/2025 until offer is withdrawn. For loan amounts $1M-$5M with an LVR <80% and P&I repayments. Offer is not available for non-standard securities, SMSF and D&C loans, or refinance of existing IMB loans. Different lending criteria and establishment fees may apply to business loans with a higher LVR, interest-only repayments or for loan amounts <$1M.
Rates and Features
1. Minimum redraw $500.
2. The information presented about Angle Finance products is factual only and is not intended to imply any recommendation or opinion by IMB about Angle Finance products. Equipment finance is provided by Angle Finance, a trading name of ACN 603 303 126 Pty Ltd, ABN 98 603 303 216. All applications are subject to Angle Finance lending criteria, terms and conditions, and must be for business purposes. IMB is not a Credit Representative for Angle Finance and is not able to give advice about Angle financial products. You should consider the relevant Angle Finance terms and conditions before deciding whether to acquire any products or services. IMB receives a commission from Angle Finance when an IMB customer purchases Angle Finance products.
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