Business Line of Credit

A flexible form of finance, allowing you to decide when to make principal reductions, plus the ability to re-use these funds at any time during the term of the facility.  

Features
  • Minimum loan amount $50,000
  • Maximum loan amount $500,000
  • Terms up to 25 years against residential security and up to 15 years against other types of security including commercial, industrial and rural property
  • Interest-only terms apply during the currency of the facility
  • Variable interest rate
Rates

Interest Rate
Residential Security
Non Residential Security
Interest Rate
4.89%
Interest Rate
5.74%
Rates Effective From 15/10/2019
Fees

Application Fee  Available upon request
Monthly Fee  $20.00

Transaction Type 

Fee Per Transaction

Any debit and credit transaction on your facility account, other than for interest or fees and charges.

5 free transactions per month.

Subsequent transactions attract a fee of $2.00 per transaction.

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