In this article:
ANZ is making it easier for your clients to refinance.
With ANZ’s new rapid refinance process clients could receive approval of their application within days for business lending up to $1m. It’s available to clients wishing to refinance business lending they currently have with ANZ or another lender.
Eligible clients require just two pieces of documentation to include with your client’s loan application.
- A new Business Credit Application form
- 12 months business loan statements if lending is with another lender (alternative: if lending is not with ANZ)
Eligibility and credit criteria apply for the ANZ rapid refinance process, including the customer demonstrating a good repayment history and the refinanced loan not increasing the customer’s current repayments. For more information, click here.
ANZ also has a great offer in the market, making it another reason for your clients to switch and save:
For loan applications of less than $1 million submitted by 9 May 2022, ANZ may be able to provide your clients a competitive variable ANZ Business Loan starting from 2.59% p.a.*
Eligibility and credit criteria apply to their rapid refinance process and rate offer. For more information, click here.
* Security required. Limited offer interest rate which may change.
To learn more about ANZ’s rapid refinance process or other Business Lending offers currently in the market, please don’t hesitate to contact your ANZ Business Development Manager or ANZ Business Banker.
This is a summary only and is designed to provide general information so you can better assist your clients with their lending needs. Refinancing a loan may mean it takes longer to pay off, so your client may end up paying more interest over the life of the loan.
Terms and conditions, fees and charges, and credit approval and eligibility criteria apply to ANZ loans, including that the loan purpose and loan security are acceptable to ANZ. Your clients should read the applicable terms and conditions (available on application) before acquiring an ANZ product.
Rate offers cannot be used in connection with, or in addition to, any other promotions, and can be changed or withdrawn at any time.
If you have any questions, refer to your YBR Financial BDM.