The Business Line of Credit provides a flexible form of finance that can be a vital tool for many businesses. It is a revolving credit facility commonly used for short-term working capital and occasional business requirements. It functions in much the same way as a residential line of credit does, allowing the principal to be repaid and redrawn at any time up to your approved credit limit. Many forms of security may be accepted including residential, commercial or rural property, business assets or a combination of these.
Contact us for advice in determining if a Business Line of Credit would be suitable for you, and we will assist you with the entire process.