Business loan payout and varying your loan

If you’re looking to payout or modify your Macquarie business loan, read the relevant section below for details and next steps.

If you’re looking to payout your Macquarie business loan, please contact your relationship manager for an indicative payout figure prior to settlement.

Fixed rate break cost fee may apply

A break cost fee may be payable on early repayment during a fixed rate period if any of these events occur:

• the whole or part of a fixed rate account is repaid before the end of the fixed rate term;
• the repayments made are more than the minimum amount required during the fixed rate term; or
• the whole or part of a fixed rate account is changed to another type of interest rate, repayment type, or fixed rate period.

For an estimate of the break cost fee, please contact your relationship manager before you arrange to repay a fixed rate loan early.

A partial discharge is when you have several properties that secure the same loan, and you want to release one of those properties without repaying the entire loan amount. 

If you’d like a partial discharge, please call your relationship manager to discuss your options.

Please know, you’ll be required to complete a Discharge Authority form and undergo a credit assessment. Please send your completed form to your relationship manager or via email to BFSBBDischarges@macquarie.com. Submitting an incomplete form will delay settlement.