Business Finance

At Bendigo Bank we recognise there will be times when you need to extend your financial reach to start or grow your business – or to take advantage of new opportunities. No matter what stage in business you’re at, your Bendigo Branch Manager or Business Banker can make borrowing for your future success as simple and straightforward as possible. Business loans If you need a business loan, Bendigo Bank will be pleased to talk to you about a loan designed to suit your specific business needs.

You can choose from Interest Only or Principal and Interest Loans, with fixed or variable interest and customised repayments.

Commercial loans

If your business requires a commercial loan, we can arrange a funding solution to meet the needs of your business; with a fixed or variable rate of interest, or combination of both and structured repayments that feature either interest only or principal plus interest.

Business overdraft

Business Overdraft Provides working capital to help you manage your business cash flow. It's an ideal solution, assisting to smooth out short-term fluctuations in your cash flow. The overdraft can be accessed through the issue of cheques, debit card, automatic payments and funds transfer. You can make the most of your business opportunities with a line of credit that can come and go as you need it. You simply pay interest on the balance outstanding, so there's no need for a rigid fixed repayment program.

For a detailed product description on the Business Solutions Overdraft, click here.

A fast cash flow solution

Why wait weeks, or even months, for your unpaid invoices to give you cash flow for your working capital? Oxford Funding, a wholly-owned subsidiary of Bendigo Bank, pays you up to 80% of the value of your invoices immediately. Use Oxford Funding's debtor finance to grow your business, repay or reduce your overdraft, free up real estate security, or simply meet fluctuating seasonal demands.

Equipment Finance

This facility can help your business grow by allowing you to obtain cost-effective finance for business motor vehicles, tractors, plant and equipment. You can choose whether you prefer leasing, asset purchase or chattel mortgage with terms from two to five years. Payments can be customised to your cash flow and, in most cases the finance costs are tax deductible.