Business Banking / Business Loans / Tailored Business Loan

Tailored Business Loan

A general purpose term loan designed to meet the medium to long term finance needs of small to large businesses.

Whether it’s for business expansion, working capital, plant and equipment or a commercial property purchase our staff will guide you and tailor a finance solution fit for your business.

Features:

  • Available for various businesses purposes. Tailored to suit your needs  
  • Flexible repayment terms from  to 15 years
  • Minimum loan amount $5,000
  • Single or progressive drawdowns
  • Variable interest rate
  • Ability to make additional or bulk repayments without penalty

Where to apply?

You can you can speak to a Relationship Officer or a Relationship Manager at your local BSP Branch.

How to apply

Download the Business Finance Request form or you can obtain a copy from your local branch.

What do I need to bring with me?

  • Completed application form
  • Last two to three years financial statements (including profit & loss and balance sheets)
  • Tax returns and evidence tax position is up to date
  • Business plan and cash flow forecasts (particularly for a start-up or expansion)
  • Evidence of any equity contribution (account statement, copy of lease) 
  • Copy of valid identification (including passport, driver's licence, birth certificate)
  • Copy of company registration

You must also be aware of:

  1. Business loan interest rates

Need help choosing an account?

Speak with someone from BSP today