Business Loan Star Ratings 2020

2020 Business Loans Star Ratings

Canstar’s Business Loan Star Ratings use a sophisticated and unique methodology that compares both cost and features across business loan products on our database. Canstar’s Star Ratings represent a shortlist of financial products, enabling businesses and consumers to narrow their search. Ratings range from five to one-star.

Released May 2020

2020 5-Star winners

Overdraft – Commercially Secured

  • ANZ
  • Heritage Bank
  • Westpac

Overdraft – Residentially Secured

  • BankSA
  • Bank of Melbourne
  • Heritage Bank
  • St.George Bank
  • Westpac

Overdraft – Unsecured

  • ANZ
  • NAB

Term Loan – Commercially Secured

  • ANZ
  • Bankwest
  • Suncorp Bank

Term Loan – Residentially Secured

  • ANZ
  • Bankwest
  • Suncorp Bank

Term Loan – Unsecured

  • ANZ
  • NAB

Numbers crunched by Canstar Researchers

Institution_icon1
16
providers assessed
Loan Canstar Icon
81
products rated
Winner Canstar Icon
9
5-Star Rated overdrafts
Winner Canstar Icon
9
5-Star Rated term loans

Getting down to business: how did this year’s 5-Star Rated business loans make the cut?

Interested to know what made for a 5-Star Rated business loan this year? Read on to find out.

business loans star ratings

Providers of 5-Star Rated products
ANZ
bankwest
BankSA: Outstanding Value Award Winner | Canstar
Heritage Bank wins Canstar award
NAB: Outstanding Value Award Winner | Canstar
St George: Outstanding Value Award Winner | Canstar
Westpac: Outstanding Value Award Winner