These are variable rates of interest and are subject to change.
With a dedicated Smart Business Loan team providing broker and client support, we're committed to making it quicker and easier for you to do business with us.
The loan must be secured by property, including residential, commercial, or mixed-use property.
This loan can be used for both business growth and property investment. Plus, cash out is available so you can unlock property equity.
|Security type||Loan term|
|Residential||30 years (max. 5 years IO, followed by P&I)|
|Commercial||25 years (max. 3 years IO, followed by P&I)|
"Macquarie were able to simplify quite a complex process to a point where approval was given very quickly. They were on board from the beginning, which fills me with confidence."
|Application Checklist||Download PDF|
|Loan Application Form||Download PDF|
|Individual Privacy & Consent Disclosure Form||Download PDF|
|Company Privacy & Consent Disclosure Form||Download PDF|
|Partnership Borrower Consent||Download PDF|
|Valuation Request Authority||Download PDF|
|Independent Accountant Certification||Download DOCX|
|Verification of Identity Form||Download PDF|
|Individual Identification Form||Download PDF|
|Companies Identification Form||Download PDF|
|Trust Identification Form||Download PDF|
|Accountant Confirmation Template||Download DOCX|
Borrowers must be a company, trust with a corporate trustee, or a partnership of companies or corporate trustees.
Borrowers cannot currently be an individual borrower in any capacity, including:
Co-borrowers may be accepted where each borrower has a minimum of 20% ownership in the asset being purchased/refinanced.
Greater than 50% of funds must be used for either:
No development finance/construction allowed.
Maximum loan terms:
Minimum loan term:
Maximum interest only period:
Commercial property must fall within a 25km radius of capital cities or 15km of regional cities. Please contact your BDM to confirm the property is in an acceptable location.
Capital cities: Sydney, Melbourne, Brisbane, Perth, Adelaide
Regional cities: Central Coast, Newcastle, Wollongong, Geelong, Gold Coast, Sunshine Coast
Equity release/ cash out is available.
If the LVR is 70% or less, we do not require evidence to verify the purpose of the equity release. If the LVR is greater than 70%, we require acceptable evidence.
Examples of acceptable evidence:
Equity release purpose
Example of acceptable evidence
Loan statements that show the loan being refinanced is a
Contract of sale.
Contract of sale.
Contract or quotes for works to be undertaken.
Contract or quotes for equipment to be purchased.
The Macquarie Smart Business Loan is not available to businesses that operate in the following industries:
The following industries are recognised as being adversely impacted by COVID and cases may be considered by exception. Please contact your Macquarie BDM:
Retail trade (e.g. clothes shops), food (e.g. restaurant and bars), accommodation (e.g. hotels), arts and recreation (e.g. gyms), and passenger transport (e.g. taxis).
The information on this page has been prepared by Macquarie Business Banking, a division of Macquarie Bank Limited AFSL & Australian Credit Licence 237502 ("Macquarie") for general information purposes only, without taking into account your personal objectives, financial situation or needs. Before acting on this general information, you must consider its appropriateness having regard to your own objectives, financial situation and needs. The information provided is not intended to replace or serve as a substitute for any accounting, tax or other professional advice, consultation or service.
Reviews are conducted by exception only. Reviews may be undertaken if there are signs of potential credit deterioration or stress.
Interest rates are effective from 17 May 2021 and apply to all Macquarie Smart Business Loan applications submitted by 31 August 2021. Interest rates are subject to change. Fixed interest rates are currently not available.
Maximum LVR is 70% against the applicant’s principal place of residence as disclosed in the Application Form.
COVID lockdown adjusted LVR Commercial 55% / Retail 45%.
Except for Macquarie Bank Limited ABN 46 008 583 542 AFSL and Australian Credit Licence 237502 (MBL), any Macquarie entity referred to on this page is not an authorised deposit-taking institution for the purposes of the Banking Act 1959 (Cth). That entity’s obligations do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of that entity, unless noted otherwise. © Macquarie Group Limited