Business Line of Credit

A flexible form of line of credit financing that allows you to decide when to make principal reductions with the ability to re-use these funds at any time during the term of the facility.  

Features
  • Loans from $50,000 to $500,000
  • Available funds may be drawn at any time up to the approved credit limit
  • Terms up to 25 years against residential security and up to 15 years against other types of security including commercial, industrial and rural property
  • Interest-only terms apply during the currency of the facility
  • Variable interest rate
Mozo People's Choice Awards 2022
Rates

Interest Rate
Residential Security
Non-residential Security
Interest Rate
5.50%
Interest Rate
6.15%
Rates Effective From 17/08/2022
Interest Rate
Indicator Rate Business Line of Credit
Rates Effective From 17/08/2022
Fees

Application Fee  Available upon request
Monthly Fee  $20.00
Any debit and credit transaction on your facility account, other than for interest or fees and charges.

5 free transactions per month.

Subsequent transactions attract a fee of $2.00 per transaction.

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