Standard Business Loans
Standard business loans are a form of loan that sacrifices flexibility in exchange for a low ongoing interest rate, minimal or no ongoing fees, and frequently a waived or reduced application fee.
This sort of loan has basic features and does not typically include an offset account, repayment holidays, ATM card, check book, or Bpay. The basic business loan would be ideal for you if you’re looking for a straightforward, user-friendly loan.
Which institutions offer standard loans?
The interest rates and costs that might be given for a basic business loan will vary from lender to lender, but all the major banks offer the same basic loan characteristics.