Goodwill (Practice Purchase Loan)

General Lending Rates

Product Features

• Other Additional Information: Access to a range of products to help you with other costs related to practice purchases, such as legal fees, conveyancing and stamp duty

• Other Additional Information: Choose a flexible loan structure and repayment terms to suit your cash flow needs

• Other Additional Information: Benefit from our competitive fixed and variable rate options

• Other Additional Information: Secure against goodwill and equipment, rather than against your home or other property

• Redraw Additional Information: Redraw on your existing goodwill equity and tangible assets for personal or business related needs

• Other Additional Information: Borrow up to 100% of the purchase price of an existing practice, or a share in a partnership (subject to credit approval)

Product Eligibility

• Other Additional Information: Exclusively available to medical, dental, veterinary and accounting professionals

Bank Fees and Charges

• Monthly Account Keeping Fee (Periodic), Amount: 25.0000.

• Discharge Fee (Variable), Amount: Not Listed.. Additional Information: $150 (PPSR security) $250 (property) Charged each time a security is discharged (per security)

• Documentation Or Establishment Fee (Variable), Amount: Not Listed.. Additional Information: Charged for set up of the Facility

• Settlement Cancellation Fee (Variable), Amount: Not Listed.. Additional Information: Charged if a booked settlement does not proceed

• Bank Cheque Fee (Variable), Amount: Not Listed.. Additional Information: Charged if sending payment via Bank Cheque (per bank cheque)

• Termination Fee (Variable), Amount: Not Listed.. Additional Information: Payable if an agreement is terminated before expiration of the term of that agreement

• Break Costs (Variable), Amount: Not Listed.. Additional Information: Payable if an agreement is terminated before expiration of the term of that agreement

• Consent To Lease Fee (Variable), Amount: Not Listed.. Additional Information: Charged when a consent to registration of lease and production of Certificate of Title is required

• Trust Deed Review (Variable), Amount: Not Listed.. Additional Information: Charged when a trust deed requires review

• Substitution/assignment/novation Fee (Variable), Amount: Not Listed.. Additional Information: $450 plus any applicable External Costs

• Escrow Services Fee (Variable), Amount: Not Listed.. Additional Information: An escrow services fee is payable at the end of each escrow agreement you make with us.

• Application Reassessment Fee (Variable), Amount: Not Listed.. Additional Information: Charged when an application is reassessed

• Variation Fee (Variable), Amount: Not Listed.. Additional Information: $395 - $950. Charged for any variations made to the loan that need documentation

• Swift Fee (Variable), Amount: Not Listed.. Additional Information: Charged if sending payment via SWIFT

• Payment Dishonour Fee (Variable), Amount: Not Listed.. Additional Information: Charged each time a cheque or payment made by you is dishonoured