Fully Drawn Loan

Heritage’s Fully Drawn Loan product is available to purchase property, a business, for longer term working capital requirements or for most other business needs.

Key features of the Fully Drawn Loan include:

• Interest only and principal and interest repayment arrangements available
• Terms up to 25 years available against residential security and up to 15 years against other types of security including commercial, industrial and rural property
• Choice of variable or fixed rates
• Low monthly administration fee of only $10