By combining your loan, overdraft and savings into a single account you could use your working capital to reduce the amount of interest you pay and pay off your business loan sooner.
A Business Line of Credit gives you the flexibility and control to help you make every dollar count.
- Competitive variable interest rate
- Loan terms from 1 to 25 years
- Flexibility to withdraw funds as you need – so long as you stay within your agreed credit limit
- No minimum monthly repayments – provided any interest, fees and charges are paid each month
- Combines your mortgage and transaction account into one, flexible account
- Interest Only option: free up extra cash by paying only the interest portion of the loan for up to 10 years
- Split-loan option: get the benefits of a part fixed and part variable interest rate loan
- Portable loan facility: security can be transferred directly from one property to another – subject to approval