Business line of credit.
Australian business may from time to time need access to extra funds to face temporary cash-flow difficulties. Business line of credit is a finance product that could be useful in this case.
Overview.
- From $100,000.00 to $750,000.00.
- Interest rates from 15% per annum variable.
- Minimum term 3 months Maximum term 12 months (Reviewed Annually).
- Interest-only on the amount draw down.
- Set up within 7 business days.
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. Interest is only payable on the sum drawdown. 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.
- Manage fluctuations in cash flow.
- Pay staff wages.
- Cover unpaid invoices.
- Buy urgent stock.
- Manage late-paying customers.
- Pay suppliers.
Business line of credit: how to apply?
Application Fee.
Application Fee.
Finance / Loan Application fee in favour of Capital One Securities Pty Ltd.
The Finance / Loan application fee is Non-refundable in the event your application is declined.
By paying the Finance / Loan Application fee you confirm you have read, understand and accepted all our terms, conditions and privacy policies.
ALL RIGHTS RESERVED.
We help you through the process, we require a combination of the below as a part of an application:
- Bank statements (Last 6 months).
- Balance sheets (Last two financial years).
- Income statements (Last two financial years).
Online Application.
Contact Us.
ADDRESSes.
South Africa.
ENS Lawyers (South Africa).
Australia.
C/o Stockley Pagano Lawyers
Level 1, F3, The Precinct,
12 Browning Street
South Brisbane
Queensland
Australia
4101
CONTACT NUMBERs.
CALLS WILL ONLY BE ANSWERED BETWEEN 10AM AND 3PM MONDAY TO FRIDAY.
South Africa.
+27 (0) 604783357
Australia.
+61 (7) 3556 7955
