The minimum amount that you can borrow is $5,000. You can make repayments on a weekly, fortnightly, monthly or quarterly schedule.
Yes — an early repayment fee of $250 applies. ANZ business loan repayments computes the early repayment fee depending on the amount you borrowed.
There are cases where it’s required to render additional security. These are: when the value of your security has materially reduced; the loan amount that you borrowed increased (‘top-up’ or a new loan); the security for your loan was withdrawn by your guarantor; and the security for your loan needs to be replaced.
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