A short or long-term answer
for major cash needs

Or call 1800 602 761

Often the ideal option for short or long-term financing, Commercial Bills can be an excellent answer when you need a significant cash injection of $500,000 and above. Normal terms are from seven to 180 days with a variable or fixed interest rate.

With fixed rate bills, your interest rate remains constant for the term of the facility, which may include several rollovers. With variable rate bills, the interest rate is fixed for each period. If the period is extended or rolled over, the interest rate may vary.

Your commitment is to repay the face value of the Bill at the end of the term of the loan agreement.

Benefits

Borrowing via a Commercial Bill facility offers the flexibility to:

• Adjust the principal amount borrowed each rollover (or interest payment period) in line with business cash flow requirements, within a specified limit.
• Manage the associated interest rate risk by applying a Structured Business Finance solution to the Commercial Bill borrowings.

How to apply

  Enquire online now

  Request a free call back or Call 1800 602 761

  Contact a Small Business Specialist

Standard features

Purpose
Short or long-term finance for any approved commercial or investment purpose.

Interest rate
Available on application.

Term
Up to five years (longer terms available on application).

Interest types
Variable, fixed or maximum (capped) interest rate structures.

Minimum amount
$500,000.

Interest frequency
30, 60, 90, 180 days (longer terms may be negotiated).

Repayment frequency
The face value of the Bill is repaid at the end of each rollover period.

Security
Unsecured or secured by residential, rural or commercial property and/or business assets, or a combination of these.

Fees and charges
Fees and charges are payable. View ANZ Business Banking terms, conditions, fees and charges.

Any advice does not take into account your personal needs and financial circumstances and you should consider whether it is appropriate for you.

ANZ recommends you read the Terms and Conditions and the Financial Services Guide (PDF 104kB) before acquiring the product.

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