Commercial and Business Lending
ULifestyle can advise on commercial and business lending with access to the best business loan products to fund your business growth and finance business initiatives. You have a choice of repayment options to suit your cash flow requirements as well as the choice of fixed or variable interest rates. The right structure for commercial and business lending is critical support your business growth.
Commercial and business lending;
Business loans are available with loan terms of more than one year. There are a range of interest rate options including:
for loans with terms of between one and seven years. Offers the security of fixed payments and security from upward rate movements. The fixed rate is residentially secured with interest rates linked to the home loan interest rates and terms of between one and five years.
provides the flexibility to make and redraw funds paid in addition to the minimum loan repayments. This rate benefits from any downward movements in interest rates.
There is the flexibility in commercial and business lending to:
- switch from fixed to variable rate at the end of a fixed rate period,
- switch to a fixed rate at any time from variable rate,
- make interest only or interest and principal repayments, and
- Select loan terms from one to 30 years.