Flexi Loan

Flexi Loan is a versatile financing solution that lets you combine your borrowings in a single, easy-to-manage facility. You can structure it as a revolving line of credit or a term loan.

Flexi Loan allows you to manage cash flow more effectively by customising your repayment schedule, and reset periods and balances to match your needs. The facility can also be tailored to protect your business from adverse movements in interest rates, or potentially take advantage of fluctuations in rates over an agreed period.

 Features

• Up to 20 sub-accounts, each with different interest rate settings and repayment schedules
• Fixed rates up to ten years
• Choice of a variable market rate, resetting every 30, 90 or 180 days, or opt for a simple variable rate
• Capitalise interest for up to two years for property developments (subject to approval and conditions)
• Caps and collars are available to help you manage interest rate risk
• Minimum borrowing limit of $500,000

To see how Flexi Loan can help your business, read our case study.

• Applications for finance are subject to the Bank’s normal credit approval. Full terms and conditions are included in the loan offer. Bank fees and charges may apply.