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About a business line of credit

Features

This revolving line of credit offers flexibility, value and control. Designed as a long-term debt facility and available for approved amounts from $50,000, a business line of credit is especially suited to business expansion or investment purposes. Its features include:

  • Flexibility – easily access funds up to your approved limit. No need to renegotiate or contact your relationship manager
  • Value for money  pay interest only on the portion of the debt being used. A line fee is payable on the total approved limit
  • Convenience  your lending facility and transaction account are consolidated into one account, making your money management easier
  • Easy access to your funds – via electronic transfer, branch or cheque

Business benefits

  • Repay at your own pace
  • Redraw funds whenever you choose (up to the approved limit)
  • Pay bills and transfer money electronically without leaving your home or office
  • Save on interest costs by only paying for the funds used

Rates and fees

Our latest rates and fees make it easy for you to compare products and make the right financial choices.

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Related products

Overdraft

Overdraft

This line of credit is to cover seasonal or unexpected expenses and you only pay interest on money used.

Learn more
Bill facility

Bill facility

A bill facility helps you to manage cash flow more effectively by making payments only on the maturity of the bill.

Learn more

Business loan selector

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Important information

As this advice has been prepared without considering your objectives, financial situation or needs, you should, before acting on the information, consider its appropriateness to your circumstances. View our Financial Services Guide (PDF 59kb).

View Terms and Conditions for Electronic Banking (PDF 135kb) and consider them before making any decision about this product.

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.

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