Business Loans & finance
Business Line of Credit
Conveniently access funds up to an approved limit whenever your business need them.
A Line of Credit gives you the flexibility to borrow however much
you need, when you need, up to an approved limit. As long as you
keep the loan balance below the credit limit, you decide how often
and how much to pay off.
It is ideal for financing investments, short-term working capital, seasonal business requirements and for large operational business expenses such as bulk ordering.
A Line of Credit gives you the flexibility to borrow however much you need, when you need, up to an approved limit. As long as you keep the loan balance below the credit limit, you decide how often and how much to pay off.
It is ideal for financing investments, short-term working capital, seasonal business requirements and for large operational business expenses such as bulk ordering.
Standard Variable Rate
Flexible terms
Interest is only charged on the amount used, no set principal repayments required with no set term and ongoing limit.
Security
Residential, commercial, or rural property security required. Business Assets may also be acceptable.
Fees
Establishment Fee:
Determined at application based on the approved Business Line of Credit limit.
Facility Fees:
Determined on the approved business line of credit limit and charged quarterly in arrears.
The Facility Fee may change where you request a change to your Credit Limit. Terms, conditions, fees and charges apply and are available on request.
Eligibility
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Australia and New Zealand Banking Group Limited (ABN 11 005 357 522) (ANZ) acquired Norfina Limited (ABN 66 010 831 722 (Suncorp Bank) on 31 July 2024. As Suncorp Bank is now part of the ANZ Group, it may be necessary to vary the terms of your Suncorp Bank product to match the terms of a similar ANZ product. This means you may end up with a product that has different terms and features to those you initially applied for. In any event, Suncorp Bank will provide you with a more detailed notice of these changes if the variation applies to your products. A full list of these changes for each product can be found at suncorpbank.com.au/variation. Please contact us if you have any questions or if there is a feature that is important to you.
Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.
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