Business Loans & finance
Business Line of Credit
Conveniently access funds up to an approved limit whenever your business need them.
Business Bank of the Year six years in a row
A Line of Credit gives you the flexibility to borrow however much
you need, when you need, up to an approved limit. As long as you
keep the loan balance below the credit limit, you decide how often
and how much to pay off.
It is ideal for financing investments, short-term working capital, seasonal business requirements and for large operational business expenses such as bulk ordering.
A Line of Credit gives you the flexibility to borrow however much you need, when you need, up to an approved limit. As long as you keep the loan balance below the credit limit, you decide how often and how much to pay off.
It is ideal for financing investments, short-term working capital, seasonal business requirements and for large operational business expenses such as bulk ordering.
Standard Variable Rate
Flexible terms
Interest is only charged on the amount used, no set principal repayments required with no set term and ongoing limit.
Security
Residential, commercial, or rural property security required. Business Assets may also be acceptable.
Fees
Establishment Fee:
Determined at application based on the approved Business Line of Credit limit.
Facility Fees:
Determined on the approved business line of credit limit and charged quarterly in arrears.
The Facility Fee may change where you request a change to your Credit Limit. Terms, conditions, fees and charges apply and are available on request.
Eligibility
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Business Lending Products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). To approved applicants only. Fees, charges, terms and conditions apply and are available on request.
