SME Business Loans

See the SME Support Loans we're offering under the SME Loan Guarantee Scheme

About Phase 2

At Heritage, we've been supporting business customers for over 20 years with our award-winning products and People first commitment. That's why we're taking part in Phase 2 of the Australian Government’s SME Loan Guarantee Scheme.

Under this Scheme, we'll assist Small and Medium Businesses (SMEs) to obtain better access to credit to help them adapt to the new, COVID-safe economy and invest for the future.

We’ve designed a number of new, affordable and flexible lending products to support your small to medium business with:

  • Cash flow support, or extra working capital to help your business grow;
  • Capital to replace, upgrade or purchase additional plant & equipment; and
  • Capital to expand your existing business, acquire a commercial property or acquire a new business.
SME Support Loans
SME Unsecured Working Capital Loan
Our SME Unsecured Working Capital Loan can support your business cash flow or provide extra working capital to help your business grow, with unsecured loans up to $100,000.
SME Equipment Loan
Our SME Equipment Loan can be used to replace, upgrade or purchase additional plant & equipment, with fixed interest rate options and an optional balloon repayment structure and loans of up to $500,000.
SME High LVR Fixed Rate Loan
Purchase new commercial property or borrow against existing commercial property for business purposes, up to 80% LVR.

To be eligible for any SME Support Loan under the SME Guarantee Scheme you must:

  • Have an Australian Business Number (ABN);
  • Have an annual business turnover of up to $50 million;
  • Be making a new loan application (not an extension of an existing loan); and
  • Be applying for the loan for business purposes. SME Support Loans cannot be used to purchase residential property or a financial product; or for the provision of loans to an 'associated entity'.
How do I apply?

To apply for or enquire about our SME Support Loans: 

  • Call us on 1300 301 809;
  • Enquire online; or
  • Contact your existing Business Banking Manager directly.

For more details on the Scheme visit the Department of Treasury website.  

Existing SME Support Loan Customers
To view the interest rate for existing SME Support Loans under Phase 1 of the SME Guarantee Scheme, visit business loan interest rates.
These articles may help you

We are here to help

Our specialists will help you find the right product and support you through every step of the purchase.

Enquire now

Or call 13 14 22 to speak to an expert