Who can borrow?

  • Individual or joint individuals, who are Australian residents for tax purposes and reside in Australia.
  • Australian proprietary companies which are not subsidiaries of listed companies. The company directors are required to guarantee the obligations of a company borrower. The company directors must be Australian residents for tax purposes and reside in Australia.
  • Trustees of Australian resident family, discretionary unit or testamentary trusts. Charitable, estate and unit trusts are not eligible for BT Margin Lending. The directors of proprietary company trustees are required to guarantee the obligations of the company trustee borrower. The company directors must be Australian residents and reside in Australia.

Loan approvals

  • No application fees for individual borrowers
  • All applications are subject to a credit assessment which includes credit reference agency checking and affordability verification. Find out more

Loan term

  • No set loan term
  • Fixed interest rate terms can be selected. Find out more

Repayments

  • Part or full repayments can be made at anytime by direct credit or BPAY

Acceptable securities

  • Cash, acceptable Australian shares and managed funds.
  • Securities can be held in either the borrower’s name or in the name of a third party.

Loan to Value Ratios (LVRs)

  • LVRs are generally between 35% and 75% of the value of the portfolio.
  • To view our current LVRs, see our Approved Securities Lists. All LVRs are subject to change without notice.

Minimum loans

  • Minimum standard BT Margin Loan is $20,000.
  • Regular gearing (combining a regular monthly investment plan with a margin lending facility):
    • minimum loan of $2,500;
    • minimum initial investment of $1,000 per managed fund;
    • minimum monthly loan advance of $250;
    • minimum monthly investment of $250 per managed fund.

Interest rates

  • Variable interest is calculated on your daily loan balance and charged to the loan account in arrears on the last business day of the month.
  • Prepaid interest can be paid in advance for terms of either 3, 6, 9, or 12 months. The minimum loan amount for prepaid interest $20,000. Prepaid interest is not refundable when the loan is repaid before the end of the relevant fixed term.
  • Interest can be paid by direct debit, direct credit or internet bank transfer, BPAY or allowed to be capitalised to the loan balance.

Flexibility

  • Use the stockbroker of your choice.
  • Change/switch holdings within your portfolio at anytime.
  • No limit to the number of times you can transact.
  • Request cash advances online. Cash advances are to be used for business and/or investment purposes and not to be applied wholly or predominately to:
    • personal, domestic or household purposes;
    • to purchase, renovate or improve residential property for investment purposes, or
    • to refinance credit that has been provided wholly or predominantly to purchase, renovate or improve residential property for investment purposes

Tools to manage your loan

  • Monitor and transact on your loan account securely online 24 hours a day, 7 days a week.
  • Log on to your account for access to our online tools to assist you with managing your loan.
  • Register to receive electronic notices via email and/or SMS when your BT Margin Loan balance exceeds 50% of your buffer or your loan goes into margin call. Call our Customer Relations Consultants to find out how to register.
  • Dedicated Customer Relations Consultants available Monday to Friday, 8.00am to 6.30pm (Sydney time) on 1800 816 222.

Ready to apply?

Before an application for a BT Margin Loan Facility is submitted, all borrowers must download and read:

Download the BT Margin Lending Loan Application Form

  • The BT Margin Lending Loan Application Form contains mandatory and additional optional sections to complete. The optional sections are dependent on the applicant type and how the BT Margin Loan Facility will be set up.
  • Follow the checklists provided to ensure that the BT Margin Lending Loan Application Form is completed accurately and that the appropriate optional appendices are also completed.

Submitting your Loan Application Form

The original BT Margin Lending Loan Application Form and all other required information must be sent to:

BT Margin Lending
GPO Box 3917
Sydney NSW 2001
(BT Margin Lending will not accept a faxed Loan Application form)

Approval of your BT Margin Loan Facility

Please note that all applications are subject to our approval.
BT Margin Lending is committed to responsible lending practices and conducts a comprehensive assessment process which includes credit reference agency checking and affordability verification. To enable us to do this we ask you to provide the required financial information and supporting documentation to verify your income as stated in Sections 5 and 7 of the Loan Application form respectively.

BT Margin Lending will contact you or your financial adviser, where appropriate, to notify you of the decision and/or any additional information and conditions.

Questions

If you have any questions regarding completing the BT Margin Lending Loan Application Form or the loan approval process, please contact our Customer Relations Consultants, on 1800 816 222. Phone lines are available Monday to Friday from 8.00am to 6.30pm (Sydney time). Or you can email us at client.marginlending@btfinancialgroup.com

Margin Lending