Business Advantage Line of Credit is a revolving credit facility that works well if you have an established business that makes seasonal or fluctuating payments1.
As the name suggests, there are many advantages
- It’s cost effective as interest is only charged on the amount used2
- There’s no penalty fee for lump sum repayments
- The minimum loan value is $20,000, giving you easy access to ongoing credit
- Repayments can be made at any time – so you can match payments to business earnings and expenditure
- Consolidate business-related borrowing into a single account with no need to seek approval for withdrawing money within your prearranged limit
- No minimum deposit or withdrawal
Start today
If you'd like to get started now, or simply find out more, call us on 0800 730 130, Monday to Friday 8.30am - 5pm. Or you can visit your nearest branch, or send us a message.
| 1. |
Our lending criteria and establishment fees apply. |
| 2. |
A monthly charge is payable based on the unused portion of the credit limit. |