Line of Credit

A business line of credit operates similarly to a credit card. The lender approves a set limit that the business can access as needed, and interest is only charged on the funds actually used—not on the full approved amount. It can be either secured or unsecured, offering flexible, ongoing access to working capital to help maintain business momentum.
 

• Borrow up to $500,000

• Helps stabilise cash flow

• Flexible access to funds anytime once approved

• Interest applies only on withdrawn amounts