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The rate observatory

What lenders are advertising, on the record.

Anyone can read today’s rate. We read them every day and keep the history, so when a lender moves, the move is visible — in points, with dates.

Advertised rates for business-purpose lending, captured 2 August 2026 from public lender pages. Market data — not a comparison, a recommendation, or a quote. Lenders set rates and change them without notice.

Products on the board

0

across 3 lenders, today

Lowest advertised

0.00%

Liberty Financial · Commercial SMSF loans

Moves detected

0

since baseline, 2026-07-31

Lenders watched

0

3 live · 11 being instrumented

The board10 products · captured 2026-08-02
Commercial SMSF loansLiberty Financial
from 7.65%
Low rate commercial loansLiberty Financial
from 7.95%
Lease income loansLiberty Financial
from 8%
Low doc commercial loansLiberty Financial
from 8.6%
Secured business loansLiberty Financial
from 8.7%
Low doc business loansLiberty Financial
from 9.2%
Short term commercial loansLiberty Financial
from 9.8%
Business line of creditLiberty Financial
from 10.2%
Flexible business loansLiberty Financial
from 14.7%
Business OverdraftShift
14.95% – 24.95%

advertised from-rate advertised range, toeach square ½ pointeach square 1 point

The spread7.65% – 14.95% · binned per point

Movement

baseline 2026-07-31

No repricing yet. The observatory re-reads the lenders and keeps the record — when one moves, it appears here, in points, with dates.

Fees watch

Prospa Business Loan — origination fee 2%–3.5%

quote-based lenders publish fees, not rates

The record

One square is one daily reading of every lender on the board. Day 2 of 90 — the squares are the product: history nobody else keeps.

90-day view · began 2026-07-31

What a point costs

Rates move in points. Points are money — this is one point of interest, over a five-year term:

$250k≈ $7.4k

$500k≈ $14.7k

$1m≈ $29.4k

Illustrative arithmetic at the board median (9.2% p.a.), principal-and-interest over 60 months. Not a quote, and not your rate.

The board as a table, with sources
LenderProductAdvertisedUnitCapturedSource
Liberty FinancialBusiness line of creditfrom 10.2%% p.a.2026-08-02lender page ↗
Liberty FinancialCommercial SMSF loansfrom 7.65%% p.a.2026-08-02lender page ↗
Liberty FinancialFlexible business loansfrom 14.7%% p.a.2026-08-02lender page ↗
Liberty FinancialLease income loansfrom 8%% p.a.2026-08-02lender page ↗
Liberty FinancialLow doc business loansfrom 9.2%% p.a.2026-08-02lender page ↗
Liberty FinancialLow doc commercial loansfrom 8.6%% p.a.2026-08-02lender page ↗
Liberty FinancialLow rate commercial loansfrom 7.95%% p.a.2026-08-02lender page ↗
Liberty FinancialSecured business loansfrom 8.7%% p.a.2026-08-02lender page ↗
Liberty FinancialShort term commercial loansfrom 9.8%% p.a.2026-08-02lender page ↗
ProspaBusiness Loan2% – 3.5%% origination fee2026-08-02lender page ↗
ShiftBusiness Overdraft14.95% – 24.95%% p.a. variable2026-08-02lender page ↗

What we can see, and what nobody can.

Some lenders publish their rates on the open web. Some render them behind scripts, which takes more work to read. And a good share of Australian commercial lending publishes no rates at all — the rate cards live inside broker portals, which is worth saying out loud.

On the board

Shift · Liberty Financial · Prospa

Being instrumented

Commonwealth Bank · NAB · Westpac · ANZ · Judo Bank · ScotPac · Lumi · OnDeck · Pepper Money · Earlypay · RBA F-series (official spine)

Publish nothing

Metro Finance · Angle Finance · Flexicommercial — asset-finance rate cards live behind broker portals.

Why keep a record? A single day’s rate tells you almost nothing. The history tells you which lenders are hungry, which are retreating, and when the market turned. That is the context your file deserves to be priced in.