ING DIRECT
Updated
- Business loans up to $3,000,000
- No monthly fees
- Repayment up to 5 years
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Author ING DIRECT. Screenshot of ING DIRECT website. [Accessed April 12, 2018]
About ING DIRECT
ING DIRECT is the trading name of ING Bank Australia, a subsidiary of ING Group. It is the top direct savings bank in the world.
Simple and straightforward
We provide products which are simple and straightforward and have high value. We encourage you to apply for a loan online and over the telephone to reduce our overhead costs and to pass the savings onto our clients.
Ground-breaking product
We have been operating in Australia since 1999. Our Savings Maximiser account revolutionised the market for home loans back then. In 2010, we launched another ground-breaking product - Orange Everyday, a transaction account with no monthly keeping fees. In 2012, we introduced the first superannuation option without administrative or management fees available to all Australians - Living Super.
We have simplicity in the base of our success. We started from zero and now we have over 1.5 million customers, deposits volume of $31 billion and mortgage volume of $39 million. We employ more than 950 people.
ING DIRECT Services
The ING DIRECT Commercial Loans come with a competitive interest rate and no ongoing fees.
Loan terms that work for you
With our Commercial Fixed Rate Loan, you can choose to have the interest rate fixed for a period from 1 to 5 years. The loan term can be up to 15 years. We offer loan redraw at the end of the fixed term. You can select from repayment structures with principal and interest and interest-only with the latter being offered for a maximum period of 5 years. You can take advantage of direct debit payment and additional lump sum payments of up to $20,000 annually.
Our commercial variable rate loan
The minimum loan redraw is $10,000. You can make interest and principal payments or interest-only payments for up to 5 years. We offer a direct debit payment. You can use a commercial line of credit for purchasing or refinancing the commercial property. Interest is charged only on the drawn balance.
ING DIRECT Product Details
- Loan Type Business loans
- Loan Amount up to $3,000,000
- Repayment 1 year to 5 years
Benefits of ING DIRECT
- Fixed interest rates
- Get the best deals on business finance
- Competitive interest rates
- Commercial loans
ING Direct – We take the hassle out of your loan search
ING DIRECT offers businesses in Australia a financial platform through business loans throughout the country.
By implementing three main areas of value to our clients, we focus on delivering a simple approach to getting business finance.
Our products are good value for money
Our transparent application process is straightforward and our products are of good value for money. By shaping a positive and prosperous environment for business owners in Australia, we aim to provide business loans for companies and individuals who seek finance to grow, expand and start-up their business prospects. Our commitment and sustainability in the region speak highly of our values and moral beliefs.
We have an experienced team of financial experts, all willing to assist our new and existing customers with their business loans in Sydney.
Borrowing terms of your business loan
Our flexible terms offer discussions for variable and fixed-rate options, with complete breakdown to the borrowing terms of your business loan. Our competitive interest rates are phenomenal, which makes your choice in financial institutes and easy decision.
Giving you the peace of mind that you will have a preferred partner looking after your businesses best interests, we take great care into explaining in detail the repayment terms and interest charges. We offer each of our business loan customers a tailor-made solution, fitting your business needs perfectly.
Affordable business loans throughout Australia
Now you can take the opportunity to afford a business loan in Sydney, which can be used to resolve a cash emergency, purchase equipment, furniture for your offices or restaurant furnishings. Starting up a business costs a lot. Having that financial platform for a new location, remodelling and other leasehold improvements, is easy to obtain through ING DIRECT. Upgrade your IT equipment, hard and software with a secure loan option over convenient terms with rates based on your term length.
Contact us today, and let us invest in your business, by providing you with the financial support you need to grow, expand or begin your business venture.
ING DIRECT is a trusted & reliable provider of business loans
In our review, ING DIRECT adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, as well as the National Consumer Credit Protection Regulations 2010, where the granting the loan will not cause financial distress to the consumer.
ING DIRECT is a registered credit provider in Australia; ACL 229823
Customer Reviews & Testimonials
ING DIRECT Contact Details
Contact Number
- not available
Website
Physical Address
- 60 Margaret St Sydney NSW 2000 Australia
- Get Directions
Opening Hours
- Monday 09:00 – 17:00
- Tuesday 09:00 – 17:00
- Wednesday 09:00 – 17:00
- Thursday 09:00 – 17:00
- Friday 09:00 – 17:00
- Saturday – Closed
- Sunday – Closed