Features and benefits

Exceptional service

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.


Property backed

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.


Flexible repayments

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)

Interest rate

% p.a.

Principal and interest repayments^

% p.a.

Interest only repayments^

These are variable rates of interest and are subject to change.

Fees and charges

Application fee of $1,000, payable at settlement. 

Once-off valuation fee. 

No ongoing fees.


"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."

Daniel Cordaro
Director, Doceng

Smart Business Loan Flyer

Other forms

Forms Link
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

Frequently asked questions

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:

  • individuals in their own right
  • individuals as trustees for trusts
  • individuals as partners in a partnership
  • individuals as co-borrowers with a company/trust. 

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:

  • Purchase, refurbishment, or refinance of commercial property (owner occupied or investment); or
  • Business purposes (including acquisition, funding capital investment, fit out or refinancing business debt); or
  • Residential assets assessed on a commercial basis (residential stock, diversified portfolio or trading entity).

No development finance/construction allowed.

Maximum loan terms:

  • 30 years if the loan is secured by residential property only
  • 25 years if commercial property is in the security mix.

Minimum loan term:

  • 5 years.

Maximum interest only period:

  • 5 years if the loan is secured by residential property only
  • 3 years if commercial property is in the security mix.

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

Security type LVR
Residential 80%
Commercial 60%§
Retail shops 55%§

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
business product.

Property purchase

Contract of sale.

Business acquisition

Contract of sale.

Fit out/refurbishment

Contract or quotes for works to be undertaken.

Equipment purchase

Contract or quotes for equipment to be purchased.


The Macquarie Smart Business Loan is not available to businesses that operate in the following industries:

  • agriculture
  • forestry and fishing
  • cigarette and tobacco product manufacturing
  • petroleum and coal product manufacturing
  • printing
  • building construction
  • gambling activities
  • schools (secondary, primary, special)
  • explosive manufacturing
  • brothel and prostitution services.

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).

Additional information

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