Recommended for
- Clients with borrowing requirements of between six months and 20 years
- Clients seeking greater interest rate security and certainty regarding future principal and interest repayments by reduced exposure to market fluctuations
Key features
Interest rate
- Fixed
Maximum loan term
- 20 years (up to a maximum of $50 million)
Key benefits
- Low cost loan
- Provides clients with increased cost certainty and more accurate budget forecasting
- Single drawdown at loan establishment
Limit
- As per State Borrowing Program approvals and approvals by relevant administering department
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