Business Credit is a revolving line of credit that you can use again and again to manage your cash flow with ease.

 Developed with Australia’s self-employed sole traders in mind, Business Credit offers a convenient, low cost alternative to traditional revolving business products (e.g., business overdraft). With an attractive fee / rate structure and the ability to use your business AND personal income in credit limit determination², you can get more for less with Business Credit.

What’s so different about Business Credit?

• Flexibility of a card for ATM withdrawals or retail transactions AND a cheque book where cards are not accepted
• Low ongoing rate of 13.99% p.a.³ on everyday purchases and cash advances for business or investment purposes only
• Withdraw any amount you choose within the approved limit
• No local ATM/ EFTPOS transaction fees or cash advance fees^#
• Low annual fee of $125
• Low one time establishment fee of $199
• Limits of $5,000 to $50,000¹
• Interest is charged only on the outstanding balance

 Uses of Business Credit

Business Credit is a flexible and convenient way to manage your cash flow with ease. Business Credit represents a long-term finance solution to help you to effectively manage your day-to-day cash flow needs. You can use Business Credit again and again and you pay only for what you use. Business Credit can be used just like a credit card or cheque account.

What ca   What can I use Business Credit for?

• For business or investment purposes only - the intended use of your Business Credit account must be for business or investment purposes only.
• Smooth normal seasonal fluctuations in your business cycle - Business Credit can act as a convenient, low cost finance tool to smooth the troughs of your regular business cycle.
• Manage temporary cash flow shortages - if your vendors, people and debtors all have to be paid in the same week and you are still awaiting payment from your customers, Business Credit offers peace of mind by helping you to cover temporary cash flow shortages.
• Fund increases in current assets (i.e. stock, debtors, etc) or the payment of peak or unexpected operating expenses – use Business Credit to capitalise on investment opportunities or fund increases to your current assets.
• Write cheques where only cheques are accepted - use your Business Credit cheque book to pay for items where cards are not accepted.
• Use as a safety net in the event of an unlikely emergency - no matter how diligent your planning or how thorough your management of your business, emergency situation can and will happen. In an emergency, your Business Credit account can help you to cover unforeseen expenses.