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Interest rate changes for business loans

Interest rate changes for business loans

Posted 15 February 2024

The interest rates for some of IBA business loans are changing based on market conditions.

All impacted customers will be notified in writing about the change to their interest rate and loan repayment amount. Interest rate changes will come into effect on 28 February 2024.

IBA Business Solutions has a range of resources available on our website including workshops to assist you manage your loan and review your budgeting and financial management skills.

We’re always here to help. If you have any concerns about managing your business loan repayments or are experiencing financial difficulty, please call us on 1800 107 107 to discuss your circumstances, or submit an online enquiry form to arrange for someone to contact you.