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30th Aug, 2021 | Branch News 31st August 2021

In this article:
Commonwealth Bank’s ABCD Commercial has expanded its lending policy to include unsecured loans of up to $250,000.
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Commonwealth Bank’s ABCD Commercial has expanded its lending policy to include unsecured loans of up to $250,000, making it faster and simpler for businesses to get the finance they need.

Support for your customers

Your clients can now get conditional decisioning on unsecured commercial loans from $50,000 to $250,000, within 24 hours of acknowledging the receipt of a complete loan application. The unsecured loan can be a standalone amount, or your eligible customers could apply for a partially secured position provided the unsecured portion of the loan is no more than $250,000 and the customers lending does not exceed $1m. This means your eligible customers can access the money they need to keep their business running smoothly, even in an emergency.

Why ABCD Commercial?

Here’s why ABCD Commercial is the smart choice for CommBank-accredited commercial or asset finance brokers:

  • Fast approvals – Get a conditional decision within 24 hours of submitting a complete loan application.
  • Less paperwork – Commbank’s application process and broker checklist are clear and straightforward.
  • Help and guidance – Commbank’s dedicated broker team in your state can provide any support you need.

How to apply

  1. Complete the application form at commbank.com.au/ABCDcommercial
  2. Email your application and supporting documents to ABCDcommercial@cba.com.au
  3. Commbank’s dedicated team will confirm receipt of your application by email.
  4. You will hear back with a decision within 24 hours (on business days).

Reach out to your BDM for any queries.

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