Business Loan

We offer a comprehensive range of unsecured and secured commercial/ business facilities tailored to suit your needs, including:

• Overdrafts.
• Lines of Credit.
• Fixed and variable rate interest only loans.
• Fixed and variable rate principal and interest loans.

How to apply
Applying for a loan is easy! Contact us today by phone on 1300 360 744, email us, or call into your nearest Southern Cross branch where our staff can assist you with your loan application or just provide helpful advice. Southern Cross Credit Union also has a Business Development Officer who, with 28 years of personal and lending experience, is based in the Tweed/Murwillumbah region and is able to visit your home or business at almost any time that suits you.

Contact Peter Jarvis on 0439 779 338 to discuss your plans, whether they be for personal, home or business purposes.

To assist with the processing of your application we would need the following information:

• Financial statements which include your personal and business tax returns, profit and loss statements and balance sheets.
• Cash flow forecast and/or business activity statements may be required.
• Your current bank statements. (loans, savings, credit cards etc)

Terms and conditions, fees and charges are available on application.

Business Loan Plus

Southern Cross Credit Union’s Business Plus is a loan package catering for business purposes. It is a hassle free package with a continuous line of credit. Your loan interest is calculated daily and your business credits or any additional deposits are deducted from your outstanding balance that day. This will immediately reduce the interest calculation and save you money. Interest is charged to your account on the last day of each month.

Some features are as follows:

• A continuing credit facility, which is secured by registered first mortgage on a residential property.
• Must only be used for business purposes.
• Visa Card access available.
• Cheque book facilities are available.
• Business credits are to be deposited to this facility.
• If you have internet access then our Internet banking product, NetBanking is to be established.
• Competitive loan rates are available on application.

Terms and conditions, fees and charges available on application.