Apex Business Banking — Product Guide¶

Product Disclosure Statement
Effective Date: April 1, 2026
Product Issuer: Apex Bank Ltd (ABN 12 345 678 901, AFSL 334455)

Apex Bank Business supports Australian sole traders, partnerships, companies and trusts. Every business customer is assigned a dedicated Business Concierge and given access to the Apex Bank AI assistant for cashflow, invoicing and lending queries.

Who It's For¶

Sole traders and contractors with an ABN
Companies and partnerships with 12+ months trading history
Trusts (unit, discretionary, SMSF-as-trading-trust)
Franchisees and licensees of approved brands

Minimum annual turnover for lending: $75,000.

Business Everyday Account¶

The transactional hub for day-to-day operations.

Feature	Detail
Monthly fee	$0 for balances over $5,000, otherwise $10
Electronic transactions	Unlimited and fee-free
PayID / NPP / BPAY	Included
Tax Vault sub-account	Automatic GST/PAYG ring-fencing, +0.25% p.a. bonus
Integrations	Xero, MYOB, QuickBooks, Dext
Dual authorisation	Configurable payment thresholds
Role-based access	Owner, Approver, Viewer, Bookkeeper

Business Loans¶

Secured and unsecured term lending for working capital, equipment, fit-out, acquisition and refinance.

Product	Rate (from)	Terms	Max Amount
Secured term loan	6.45% p.a.	1–15 years	Subject to LVR
Unsecured business loan	8.95% p.a.	1–5 years	$500,000
Equipment finance	6.95% p.a.	1–7 years	100% of invoice
Line of credit	7.95% p.a.	Evergreen	$1M
Business overdraft	9.85% p.a.	Evergreen	$250,000

Pre-approval in under 48 hours for existing customers with an Apex Business Everyday account.

Fees: establishment 0.50% (min $500, max $3,500), monthly service $25, valuation (commercial) $380.

Merchant Services¶

Accept cards in-person and online.

EFTPOS terminals: $29/month rental, 1.10% per transaction, next-day settlement
Online gateway: 1.45% + $0.30 per transaction, hosted checkout + API
Platforms: Shopify, WooCommerce, Square, Stripe integrations
Compliance: PCI-DSS Level 1
Dispute support: included

Fee waivers available for turnover > $500K/year or when bundled with a business loan.

Cashflow Lending¶

Apex Cashflow advances up to 85% of outstanding invoices for businesses on 30–90 day terms.

From 1.75% per 30 days
No lock-in contracts
Xero invoice sync for automatic drawdowns
Ideal for B2B services, wholesale, and professional services

Industry-Specific Programs¶

Healthcare — up to 100% goodwill lending for GPs, dentists, specialists
Hospitality — cashflow-linked repayment options for cafes, restaurants, venues
Professional services — unsecured lines up to $500K for law, accounting, engineering firms
Retail and ecommerce — integrated merchant services + inventory finance

Concierge and Support¶

All business customers receive access to the Apex Business Concierge:

Available 7am to 7pm AEST, Monday to Friday
Handles payment disputes, card escalation, and account structure advice
Direct introductions to specialist bankers
AI assistant available 24/7 in-app

Security and Controls¶

Dual authorisation for payments over configurable thresholds
Role-based access (Owner, Approver, Viewer, Bookkeeper)
Real-time fraud alerts via push and SMS
Optional business identity theft cover up to $50,000

How to Apply¶

Verify ABN/ACN via the online application (15 minutes)
Upload 12 months bank statements and last 2 BAS lodgements
Concierge contacts you within 1 business day
Funds available within 48 hours for eligible pre-approved customers

For the latest rates and full terms, please refer to the current Business Banking Product Disclosure Statement or contact your Business Concierge.

Apex Business Banking — Product Guide