Interest basis
Confirm whether pricing is annual interest, fixed cost or another calculation.
107 reviews 5.0
Business loan rates. Know your costs.
Know what your business finance really costs. We’ll compare suitable options from our 80+ lender panel and explain rates, fees and repayments side by side.
- Personalised business finance comparison
- Look beyond the headline rate
- See costs and repayments together
What have you got planned?
Let’s help you fund it.
Put each offer onto the same amount and time basis before ranking it.
Secured and unsecured term loans
Fixed-cost short-term finance
Business lines of credit
Overdraft facilities
Equipment and vehicle finance
Refinance offers with switching costs
Costs to compare
Compare these business loan figures together. Looking only at the rate or regular repayment can hide fees or a higher total cost.
- Annual rate
- Fixed cost
- Fees
- Total payable
When repayments are made
Compare these business loan figures together. Looking only at the rate or regular repayment can hide fees or a higher total cost.
- Daily
- Weekly
- Monthly
- Term
Security and other conditions
These explain any asset or guarantee supporting business loan, along with fees, reviews and other material conditions.
- Security
- Guarantee
- Payout
- Review
Have something in mind? Let’s talk finance.
Get my free quoteBusiness loan.
More options. Less legwork.
A business offer may quote an annual interest rate, a fixed dollar cost or another pricing method. Those figures are not directly interchangeable until the amount received, repayment schedule, fees and full term are placed beside each other.
All fees
Include establishment, ongoing, line, valuation, legal and payout charges.
Repayment timing
Daily, weekly and monthly deductions affect operating cash differently.
Why choose X Lend for business loan?
X Lend converts eligible offers into regular repayments and total dollars payable. We also identify establishment, brokerage, line, monthly, legal, valuation and early-payout costs where they apply.
Security and speed influence price, but the cheapest rate can still sit inside the wrong finance option. An overdraft, term loan and equipment finance option solve different cashflow needs even when their headline pricing appears close.
Security and guarantees
Lower pricing may require property, asset security or director guarantees.
A rate without the repayment schedule and fees is incomplete. Compare the net funds received, every scheduled payment and the final payout conditions.
Work out your repayments.
Then find your finance.
Try an amount and term for your business loan. When you’re ready, we’ll compare the options available to you.
Business loan repayment calculator
Adjust the amount, term and rate to see an indicative repayment.
Estimate only. Calculations include an assumed $990 broker origination fee and $500 lender fee, both financed. Total repayable includes those fees, interest and any final balloon. Weekly and fortnightly figures are equivalents of the monthly estimate. Actual fees and repayment timing depend on your offer.
What rate could I get?
Your quote takes your circumstances and finance requirements into account. Compare your rate, fees and repayments together before choosing an offer.
Find my optionsYour circumstances.
Your finance options.
Accurate comparison needs the complete written offer.
What do I need to qualify for business loan?
- Same net amount received
- Same comparison period
- All compulsory fees identified
- Security changes understood
- Repayment frequency modelled against cashflow
Who can business loan help?
- Applicants with written indicative offers
- Owners choosing between secured and unsecured funding
- Businesses testing repayment frequency against cashflow
When should I consider another option?
- Anyone ranking offers from a headline percentage alone
- Comparisons using different loan amounts or terms
- A facility whose repayment pattern does not suit trade
Rate basis is misunderstood
A fixed factor or fee should not be read as an annual reducing-balance rate.
Fees are excluded
Upfront deductions can reduce the usable funds while repayments still reflect the gross advance.
Term is extended
A lower repayment over longer can increase total interest and delay debt reduction.
What do lenders look at for business loan?
Business loan rates depend on the facility, trading history, credit profile, security and repayment term. Compare the net funds received, total repayments and fees at the same borrowing amount. X Lend helps you compare the actual offers available to your business.
From enquiry to settlement.
We’re with you all the way.
Your broker handles the lender comparison and paperwork for business loan, keeping you informed at each step.
- 01
Tell us your plans
Tell us what you want to finance, how much you need and when you need it. That could include secured and unsecured term loans.
- 02
We do the lender research
We help organise indicative offer or term sheet and repayment schedule and check same net amount received to find lenders that fit your situation.
- 03
Choose your finance
We explain amortising term loan and fixed-cost facility, including the full cost and how repayments fit your budget. You choose the option to take forward.
- 04
We organise settlement
Your broker coordinates lender conditions, signed documents and payment details, so you can focus on what comes next.
Start with your free quote.
Your broker reviews your enquiry and explains the next steps, usually within one business day. An enquiry does not create a credit check or an obligation to proceed.
Find the finance that fits.
Know what you’re choosing.
Facility mechanics determine how the price behaves.
Amortising term loan
Scheduled principal and interest reduce the balance over the agreed term.
Fixed-cost facility
A stated finance charge is repaid with the advance; early payout treatment needs checking.
Revolving facility
Interest may apply to the drawn balance while line and review fees can apply to the limit.
Compare business finance costs consistently
| Check | What to request | Why it matters |
|---|---|---|
| Net funding | Amount paid to the business after deducted fees. | The approved limit may differ from the cash available to spend. |
| Rate method | Interest calculation and the complete repayment schedule. | Factor rates, flat rates and reducing-balance rates are not directly interchangeable. |
| Repayment frequency | Daily, weekly or monthly amount and term. | The repayment needs to fit the timing of customer receipts. |
| Fees and payout | All facility charges and the cost of repaying early. | Compare the likely period of use as well as the full scheduled term. |
Compare the cash received, not just the amount borrowed
If fees are deducted upfront, compare the cash the business actually receives with the total it must repay.
Keep the comparison period fixed
A longer term can lower each repayment while increasing the total cost.
What should I have ready before applying?
- Request the written schedule.
- Confirm net funds received.
- Ask how early payout is calculated.
How we can help.
Illustrative examples of how we approach business loan.
Rate versus fixed cost
Two offers use different pricing language.
How your broker helps
Convert both to net funds, scheduled payments and total dollars.
What to have ready
The normalised schedule makes the cost comparable.
Secured offer
A lower rate requires property security.
How your broker helps
Price the saving and state the added asset risk clearly.
What to have ready
The owner can judge cost and consequence together.
Refinance
A new offer lowers repayments by extending the term.
How your broker helps
Compare over the current remaining term and the proposed longer term.
What to have ready
Cashflow relief and total cost are shown separately.
A word from your broker.
At X Lend, we start by matching the funding term to the job the money or asset needs to perform. We then identify the documents and policy issues, choose a suitable lender and ask the customer to approve one considered submission.
Let’s compare your options.
Get my free quoteKeep your business moving.
Keep cash for what’s next.
See how arranging finance compares with waiting or paying the full cost upfront.
With business loan
Use business loan for a suitable operating cost, growth opportunity or timing gap.
Assess whether business loan preserves enough working capital for wages, suppliers, tax and day-to-day expenses.
Match the business loan facility structure to the stated business purpose and expected cash-flow cycle.
The cost of waiting.
A project linked to business loan may be missed when funds are not available at the required time.
The cash-flow pressure business loan is intended to address may increase while customer receipts remain delayed.
Self-funding the need instead of using business loan can leave less capacity to absorb an unexpected expense or slow month.
Good finance.
Even better support.
Google reviews
Read reviews on Google Review on Google
Super helpful, friendly and fast. Secured a bank loan beyond expectations and did all the tricky leg work. Definitely be using their services again. Corey was a legend!
Review on Google
I can’t recommend Corey from X Lend highly enough. From the very first conversation, he was professional, transparent, and genuinely focused on finding the best outcome for me. Corey took the time to explain every step of the finance process in a way that was easy to understand, answered all my questions promptly, and never once made me feel rushed or pressured. I really appreciated how proactive he was, keeping me updated, following up with lenders, and making sure everything stayed on track. What really stood out was how hard he worked to secure a great deal. He compared multiple lenders, negotiated on my behalf, and ultimately achieved a rate and repayment structure that exceeded my expectations. The whole process of purchasing my car was smooth and stress‑free thanks to their expertise. If you’re looking for someone knowledgeable, reliable, and genuinely in your corner, I wouldn’t hesitate to recommend them. I’ll definitely be using their services again in the future :)
Review on Google
Corey helped me through the entire process of getting my dream family car! He was extremely prompt with his responses and had everything organised quickly and smoothly. I made a huge mistake by settling finance on the wrong car (a 5‑seater instead of a 7‑seater), but Corey was incredibly understanding and supportive. He contacted the dealership, lender, and even rearranged my insurance for me. He did all of this without ever making me feel like a hassle, even though I knew I was being a pain! Despite the setback, Corey stayed fast and efficient, kept me confident throughout the process, and managed to get everything cancelled and re‑approved for a higher amount so I could get my actual dream car. I highly recommend Corey. He speaks to you like a friend and genuinely has your best interests at heart. I already had quotes from Toyota Finance and Toyota Insurance, and Corey was able to get both significantly cheaper. Toyota Finance even reviewed Corey’s figures and confirmed they couldn’t beat them. I will never look to another finance company again.
Let us help with
business loan.
Your business loan questions.
Answered.
The details you want to know before taking the next step.
What is a good business loan rate?
It is a competitive actual offer for the business, purpose, term and security, assessed with all fees and total repayments.
Are business loan rates shown annually?
Some are, while other products use fixed costs or different methods. Ask the lender or broker to explain the calculation in dollars.
Does security reduce the rate?
Eligible security can support different pricing or terms, but it also puts the secured asset at risk if the agreement fails.
How do I compare daily and monthly repayments?
Convert both offers to total dollars over the same period, then test each deduction pattern against actual business cashflow.
Keep exploring your options
Small business loansUnsecured business loansBusiness loan refinanceSecured vs unsecured business loansBusiness lines of credit explainedBusiness finance with a new ABNBusiness loan eligibility checkerBusiness loan calculatorBusiness cashflow calculatorCommercial property LVR calculatorSecured business loansCashflow finance
Further readingbusiness.gov.au — applying for a business loanbusiness.gov.au — reducing business loan costs
Reviewed by Corey Marino
FBAA member M-354085 · Diploma-qualified finance broker · Last reviewed 24 August 2026