If you want money on hand, a line of credit is ideal. Once the facility’s set up, you can withdraw money as you please – and you’re only charged interest on your loan balance
| Key Features | |
|---|---|
| Variable interest rate | View our interest rates |
| Minimum amount | $5,000 |
| Maximum amount | $50,000 |
| Loan period | Continuing credit |
| Repayments | Monthly, Fortnightly, Weekly |
| Interest charges | Calculated daily, charged monthly on the portion of the agreed line of credit used |
| Establishment Fees | No |
| Early Repayment Fees | No |
| Account Keeping Fees | No |
| Extra Payments | Yes |