Business line of credit
Business line of credit
- From $5k – $100k
- No minimum amount
- Flexible term
- Interest-only on the amount draw down
- Set up within 1-2 days
- Product approval lasts for 12 months before reassessment is required
Please fill out the contact form. Our experienced finance brokers will get in touch with you to discuss your needs
What is a business line of credit?
A business line of credit is a flexible lending solution. The lender gives a predetermined credit limit as per the business need. An interest rate applies only to the amount borrowed. Compared to other small business loan options, the borrower does not receive the full loan amount at once, but it is granted a borrowing limit to cover small business expenses.
Business line of credit: other benefits
Business line of credit: how to apply
We help you through the process, and we put you in contact with the lender that offers the type and size of business loan that meet your needs. Our partners assist eligible small businesses with a business line of credit.
Lending Connect is the preferred and trusted finance broker for hundreds of small and medium local businesses in Australia. It all starts with an enquiry. Call us 1300 911 621 or click on “get started now” and we call you back to see if you qualify for a business line of credit.
Our lenders usually require a combination of the below as a part of an application:
