Facility types

Term facilities

Term facilities are facilities that have to be repaid in full by an agreed date (see your finance offer).

You have to make the repayments described in your finance offer (or as otherwise agreed). These may include agreed principal and interest payments, or interest only payments. However, the total amount owing for the facility must be repaid at the end of the term.

Refer below for a list of business banking term facilities generally offered by St.George.

• Business Loan – Variable
• Business Loan – Fixed
• Bank Bill Business Loan
• Construction Loan
• Foreign Currency Loan
• Commercial Loan – Variable (not for sale)
• Commercial Loan – Fixed (not for sale)
• Variable Rate Loan (not for sale)
• Fixed Rate Loan (not for sale)
  

At call facilities

At call facilities are facilities where you have to repay the facility balance when we ask.  We can do so at any time and for any reason, even if there’s no default.  They are sometimes called “on demand” facilities.

Refer below for a list of business banking at call facilities generally offered by St.George.

• Commercial Overdraft
• Multi Option Facility
• Commercial Line of Credit (not for sale)
• Overdraft (not for sale)