Rating based on 26 reviews

Bank of Queensland

Updated
  • Business loans starting from $10,000
  • Low-interest starting from 4.49%
  • Repayment up to 25 years

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Bank of Queensland homepage
Author Bank of Queensland. Screenshot of Bank of Queensland website.
[Accessed March 16, 2023]

About Bank of Queensland

Bank of Queensland, popularly referred to as BOQ, is an organisation with a history of more than 138 years.

The bank has branches in every start and territory in Australia. It is listed on the Australian Securities Exchange (ASX). The bank has three main divisions. These are banking, finance and insurance. We work with individual customers and businesses of various sizes. We are dedicated to offering a true alternative in the Australian market for financial products and services.

Effective custom-tailored banking

We have a unique owner-manager structure that enables us to offer a highly personalised experience to local customers everywhere in the country. Under this structure, the local people are not only branch managers. They are actually branch owners. This enables them to use their local knowledge effectively. They are able to tailor the offered products and services to the needs of local clients and to provide personal attention every time.

Our customers receive highly effective custom-tailored banking and finance solutions.

Bank of Queensland Services

BOQ is dedicated to serving businesses of all sizes with achieving their short-term goals and with long-term growth and expansion.

The BOQ Business Term Loan can be used for virtually any business purpose. You can obtain a business loan for purchasing equipment and other important items for your company, for expanding your operations, for the renovation and construction of premises and for upgrading to more advanced technology. When you come to us, one of our specialist consultants will work with you to customise the loan as per your individual needs and plans.

Cash flow management

You can expect to receive complete expert assistance and personal attention. We offer a choice between fixed and variable interest rate.

Our variable rates are among the most competitive in the national market. We offer various repayment structures which are designed to suit the operations and cash flow management of different companies at different stages of their development.

Bank of Queensland – Business loan

  • Loan Type Business loans
  • Interest Rate 4.498.12% p/a
  • Loan Amount from $10,000
  • Repayment 1 year to 25 years

Benefits of Bank of Queensland

  • Competitive interest rates
  • Lower interest rates and fees
  • Affordable business finance
  • Easy online loan applications

Business loan calculator

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The interest rate of a loan will vary based on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

BOQ Business Loans Financial Gateway to Business Growth

When looking for a business loan in Sydney, the Bank of Queensland, has a reputation in Australia for helping businesses flourish, from one easy step. With highly competitive interest rates because of the fact that we are privately owned and don’t have to be in line with bank-owned institutions.

We ensure our customers receive top-class quality service and benefits relating to all aspects of financial requirements. When it comes to personal banking, you have the peace of mind that the Bank of Queensland in Sydney has your business interests at heart. Whether you are experiencing a cash emergency, expanding your premises, doing alterations, or needing to purchase new equipment and furniture, we will help you with your quick loan.

We're transparent and give it to you how it is

Our simple end to end process has become remarkably popular amongst Sydney’s business leaders. No hidden costs, just straightforward communication. We have built strong lasting relationships with our clients since 1874, earning our place in the financial industry.

It’s no wonder that businesses in Sydney come directly to us when looking to refinance their businesses. Technology has taken us a cut above the rest, with online platforms allowing our clients to keep track of their business loans and keep up to date with their banking news.

Ranked in the leading 100 financial institutes in the country, we make banking enjoyable, and our clients speak highly to this testimony.

On-going quality control, care & support

Every business we invest finances into becomes part of our family, we care for each one individually. With ongoing quality control, care and support when you need it, our customers rely on us to protect their financial concerns and their business entity. We form part of over 250 branched throughout Australia, where we have thousands of business clients contacting us to ensure financial requirements for long term and short term development.

With Bank of Queensland, you will see your business grow, and your financial concerns drop.

man holding thumbs up

Bank of Queensland is a trusted & reliable provider of business loans

In our review, Bank of Queensland adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ Bank of Queensland is a registered credit provider in Australia: ACL 244616

Customer Reviews & Testimonials

December 2018

Their business loans accommodate your needs and they deliver a fast service- a definite win-win in my books.

Ron C
— Darwin —

June 2019

I applied for a business loan and I must say that this was a highly efficient service. Bravo!

Phillip D
— Perth —

July 2018

A big plus for me was how affordable my business loan was thanks to the very reasonable rate.

Autumn T
— Brisbane —

May 2019

Their consultants understand what it’s like to be a business owner and you can count on them to help you find the right business loan for you. I was very happy with the loan they offered me.

Helen B
— Adelaide —

Bank of Queensland Contact

Physical Address


Postal Address

  • Bank of Queensland GPO Box 898, Brisbane, 4001, Australia

Opening Hours

  • Monday 09:30 – 16:00
  • Tuesday 09:30 – 16:00
  • Wednesday 09:30 – 16:00
  • Thursday 09:30 – 16:00
  • Friday 09:30 – 17:00
  • Saturday – Closed
  • Sunday – Closed