ANZ Commercial Loan

Product information

**Product information**
Loan approval fee	1% of the loan amount with a minimum fee of $250
Switching fee	A $250 switching fee may be payable any time you choose to switch from a variable rate loan, or vice versa. Early repayment fees may also apply if you switch from a fixed to a variable interest rate.
Loan top-up fee	Up to 1% of the increased loan amount (minimum $250)
Interest-only repayments	Available for up to five years. Conditions apply and subject to approval.
Repayments	Payments can be made weekly, fortnightly, monthly or quarterly.
Lump-sum repayments	On a variable rate loan, lump sums may be paid at any time without charge. Fees may aply to lump-sum payments on fixed rate loans.
Loan term	Up to 15 years depending on security type.
Minimum loan amount	$20,000
Maximum loan amount	The maximum value of the loan can vary depending on the security available and structure of the lending, subject to ANZ lending criteria.
Statements	Detailed account statements are issued six monthly (other statements frequencies available on request).
Security	Commercial property acts as security for the loan. Commercial property security must comply with all relevant building codes and the Resource Management Act.
Additional features	Available as fixed interest rates, variable rate, or in combination Use the property you purchase for security Interest only repayment options.