Business Line of Credit
Manage your loan repayments with flexibility and convenience
We are committed to giving our customers as much flexibility with their loan repayments as possible.
With a business line of credit your business has access to funds and allows you to pay back funds at a pace that suits you. It is a popular loan type, typically used for business growth and investment purposes.
You will only ever pay interest on the money that you owe and have fast access to any amount up to your approved limit.
How it works
- You are approved for a specific limit
- You can access funds up to the approved limit amount
- You are responsible for paying back any of the borrowed amount
- You are only charged interest on the owed amount
We are committed to giving our customers as much flexibility with their loan repayments as possible.
With a business line of credit your business has access to funds and allows you to pay back funds at a pace that suits you. It is a popular loan type, typically used for business growth and investment purposes.
You will only ever pay interest on the money that you owe and have fast access to any amount up to your approved limit.
How it works
- You are approved for a specific limit
- You can access funds up to the approved limit amount
- You are responsible for paying back any of the borrowed amount
- You are only charged interest on the owed amount
Advantages of a Business Line of Credit
Greater Control
Pay back at
your own pace
Interest on
owed amount only
Suitable for cashflow