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
advertised from-rate advertised range, toeach square ½ pointeach square 1 point
Movement
baseline 2026-07-31No 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
| Lender | Product | Advertised | Unit | Captured | Source |
|---|---|---|---|---|---|
| Liberty Financial | Business line of credit | from 10.2% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Commercial SMSF loans | from 7.65% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Flexible business loans | from 14.7% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Lease income loans | from 8% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Low doc business loans | from 9.2% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Low doc commercial loans | from 8.6% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Low rate commercial loans | from 7.95% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Secured business loans | from 8.7% | % p.a. | 2026-08-02 | lender page ↗ |
| Liberty Financial | Short term commercial loans | from 9.8% | % p.a. | 2026-08-02 | lender page ↗ |
| Prospa | Business Loan | 2% – 3.5% | % origination fee | 2026-08-02 | lender page ↗ |
| Shift | Business Overdraft | 14.95% – 24.95% | % p.a. variable | 2026-08-02 | lender page ↗ |
Want these numbers on your own deal? Run the equipment finance calculator →
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.