Lines of Credit your way!
Unlike a normal home loan you can draw on your available credit limit whenever you need to with a line of credit.
You only pay interest on your drawings (the money you have used) - not on
your credit limit.
Plus you can split your overall credit limit for different loan purposes into
Access Accounts and manage each portion separately. This could make it easier
for you to separate tax-deductible and non-tax-deductible expenses, and for
your accountant to review your financial activities easily.
A line of credit means you can invest in managed funds, shares or collectibles,
capitalise quickly on investment opportunities or meet unexpected expenses
with ease and because you don't need to apply each time it may be the only
loan you'll ever need.
This is not an offer to lend - all lines of credit are subject to terms and conditions. Fees & Charges are payable. Full details are available on application. Lines of credit are only available to approved applicants offering security in approved property in Australia.
