Business term loan
Borrow a set amount and repay under an agreed schedule.
Keep in mind: Match the repayment schedule to realistic business cash flow.
Explore this option →Business · A CLEARER STARTING POINT
Business Line of Credit
Explore a reusable business funding limit for changing cash-flow needs, with clear drawdown and repayment rules.
Explore the information first. Our team can help you understand the next step.
Your initial profile review won’t affect your credit score.
How credit checks work
The initial review does not involve a hard credit enquiry. If you choose to proceed, a formal credit application may involve a hard enquiry, which can affect your credit score.
THE ESSENTIALS
Your finance essentials.
A line of credit provides access to funds within an approved limit and the facility rules. Check whether repaid amounts become available to draw again, how interest and fees are charged, and when the limit can be reviewed. A reusable limit is different from a one-off term loan.
- Purpose
- Managing changing business cash-flow needs within an agreed limit.
- How it works
- Draw, repay and redraw only as allowed by the facility terms.
- Security to understand
- Security and any director or personal guarantees depend on the facility. Ask which assets and people would be exposed.
- Costs to compare
- Review interest, establishment and ongoing fees, repayment frequency, any early payout costs and the total amount payable.
A LITTLE MORE CLARITY
Different business needs. Different ways to fund them.
These explanations help you understand the differences. They do not select a product for you.
Explore related funding structures
Invoice finance
Access funding connected to eligible unpaid business invoices.
Keep in mind: Customer quality, invoice disputes, fees and collections arrangements matter.
Explore this option →Trade finance
Fund supplies or orders within a business trading cycle.
Keep in mind: Check supplier payment dates, delivery risks and how the facility is repaid.
Explore this option →Equipment finance
Finance an identified business asset.
Keep in mind: Review ownership, security, ongoing costs and any final balloon payment.
Explore this option →A situation you might recognise
ILLUSTRATIVE EXAMPLE
Seasonal purchases create a changing funding need rather than one fixed purchase.
The team would discuss the purpose, information available, costs and repayment obligations before any next step. This illustration is not a client story, offer or approval.
Before you decide
Check interest calculations, unused-limit or drawdown fees and review or cancellation conditions.
business.gov.au: choosing funding ↗GETTING READYA little preparation.
A little preparation.
A better conversation.
You don’t need to have every answer before contacting us. Start with your goal and our team will explain what information is needed.
For this particular request
The size and timing of cash-flow gaps, forecast receipts and existing facilities.
Business information
- ABN and entity details, ownership and how long the business has operated.
- Available accounts, BAS and business statements; the required periods will be confirmed.
Cash flow and commitments
- Existing finance balances, repayments and security arrangements.
- A cash-flow forecast showing expected receipts, expenses and seasonal changes.
These are conversation checklists, not the final application requirements. Our team will confirm the relevant records and periods.
What should I tell the team?
Your goal, preferred timing, and any circumstances you would like us to understand. Share sensitive documents only through a verified, approved process.
NO GUESSWORK REQUIRED.
Your questions, welcome.
Can I redraw an amount after repaying it?
Only if the facility permits it and the limit remains available. Check redraw conditions, review dates, fees and any events that can suspend access. Do not treat the approved limit as permanently available cash.
What costs apply when I am not using the limit?
Ask about establishment, account, line, unused-limit and review fees, as well as interest on drawn funds. The full cost depends on the facility, not simply on how much you draw.
What should I know before using a credit limit?
Ask how interest is calculated, what fees apply, how repayments work and when the limit can be reviewed or withdrawn.
How do I estimate the limit I need?
Explain the gap between incoming cash and planned payments, including seasonal changes. A cash-flow forecast can help the conversation.
What if my business already has finance?
Tell us about existing balances, repayments and security arrangements. These are relevant to understanding the new request and your commitments.
What rate and fees would apply to me?
These depend on the product and your individual assessment. Ask for the rate, fees, repayment schedule and total cost in the proposed terms before deciding.
Can I start with a quick question?
Yes. Choose the short enquiry to share your goal and contact details, or take the full application path if you have more time. The team can clarify what is needed next.
Still wondering about something?
Share a little about your plans, or complete the full application if you’re ready.
Choose how to get started →