Compare Business Lines of Credit from 50+ Australian Lenders

Access flexible revolving funds with interest only on what you use. Get real personalised quotes in minutes with no impact on your credit score.

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Business Line of Credit Australia
Emu Money Business Line of Credit

Business Line of Credit Made Simple

Tap into a pool of funds whenever you need it. Only pay interest on what you draw, giving your business flexibility to handle cash flow gaps, seasonal demand and growth opportunities.

Flexible Credit Limits

From $5,000 up to $1,000,000

Revolving Facility

Redraw funds as you repay

Fast Access

Draw funds instantly when needed

Pay Interest Only on What You Use

Save costs by borrowing strategically

Flexible Use

Cover cash flow, inventory, payroll, or emergencies

Ongoing Access

Unlike term loans, funds remain available within your limit

How it works

We connect your business with revolving credit options from 50+ Australian lenders so you can choose the right facility for your needs.

1.

Apply online in 3 minutes

Enter your details to see line of credit options matched to your business. No long forms.

2.

Get your quote

Our Lender Match technology compares multiple lenders to find credit limits and rates that fit your profile.

3.

Access your funds

Once approved, your credit facility is ready to draw from whenever you need funds.

4.

Repay and redraw

As you make repayments, your available balance resets—keeping funds on standby for future needs.

How a Business Line of Credit Works

Backed by over 50+ lenders

Giving you the best chance of being approved.

Affordable Car Loans
Alex Bank
Angle Finance
ANZ
Australian Motorcycle & Marine Finance
Australian Premier Finance
Automotive Financial Services
Azora
Bank of Melbourne
Bizcap
BOQ
Branded Financial Services
Capify
Capital Finance
CarStart Finance
CFI
Dynamoney
EarlyPay
Equity Tap
Finance One
Finstro
Firstmac
Flexi Commercial
Green Light Auto
Grenke
Latitude
Liberty
Lumi
Metro
Money3
MoneyMe
MoneyPlace
Morris Finance
Moula
Multipli
Now Finance
Pepper Money
Plenti
Prospa
Resimac
ScotPac
Selfco
Shift
SocietyOne
UME Loans
Vestone
Westpac
Wisr
Yellow Gate

Ready to get started?

Compare business lines of credit from over 50+ lenders with one simple application.

A quick guide to business lines of credit

A business line of credit is a revolving facility that allows you to draw, repay, and redraw funds within your approved limit—much like a credit card, but often with higher limits and lower interest rates. This flexibility makes it a powerful tool for Australian SMEs, sole traders, and growing businesses that need on-demand access to capital.

Unlike a traditional business loan that provides a one-off lump sum, a line of credit keeps funds available for whenever you need them. You only pay interest on the amount you draw, which makes it more cost-effective if you borrow strategically. Lenders typically assess turnover, trading history, profitability, and both business and personal credit scores before approving a facility.

The biggest advantage is control: you can use funds to cover short-term working capital needs, bridge seasonal gaps, purchase inventory, or act quickly on opportunities. Repayments replenish your balance, giving you ongoing access to funds without reapplying.

The trade-off is that lines of credit may come with higher fees than secured term loans, and lenders may require stronger financials or a personal guarantee. However, for many businesses, the convenience and flexibility far outweigh these costs. In short, a business line of credit is like having a safety net—ready to catch cash flow dips or fuel growth whenever you need it.

Want to skip ahead?

This guide is broken down into the following sections. Click a link if you want to skip ahead.

What can I use a business line of credit for?

Because funds revolve, a business line of credit gives you the flexibility to cover a wide range of business purposes:

Working Capital

Cover payroll, rent, utilities, and supplier invoices. A line of credit provides quick access to funds for ongoing operations.

Inventory Purchases

Buy stock in bulk, prepare for seasonal demand, or secure supplier discounts with a revolving facility that can be redrawn as you repay.

Equipment & Repairs

Purchase or repair essential equipment without waiting for cash flow. Repay as business income allows, then redraw if needed.

Managing Cash Flow

Bridge income gaps during seasonal downturns or while waiting for invoices to be paid. Lines of credit smooth out cash flow volatility.

Emergency Fund

Keep a safety net for unexpected costs or urgent repairs. Funds are always available within your limit, giving peace of mind.

Business Expansion

Access funds to open new locations, boost marketing, or expand services without committing to a lump-sum loan.

Hiring & Training

Recruit and onboard staff or run training programs with flexible access to finance that matches your payroll cycle.

Renovations & Upgrades

Refresh your premises, upgrade facilities, or modernise equipment using a revolving credit facility that you can repay over time.

Marketing & Advertising

Run targeted campaigns, boost online visibility, or test new channels with funds you can dip into when needed.

Debt Consolidation

Use a line of credit to consolidate higher-interest debts into one manageable repayment at potentially lower cost.

Case Study

Business Line of Credit Case Study

Sarah Mitchell, Bay Homewares

Staying Ahead with a Business Line of Credit


Industry: Retail

Challenge: Seasonal cash flow pressure from bulk stock purchases ahead of peak periods.

Solution: A $150,000 revolving line of credit that allowed ongoing access to funds.


Sarah owns a homewares store that experiences sharp spikes in demand before Christmas. To prepare, she needed to order inventory months in advance, which placed pressure on her cash flow. By securing a $150,000 business line of credit, Sarah could draw funds when stock orders were due and repay them once sales rolled in. The flexibility to redraw without reapplying meant she could continue managing seasonal peaks confidently year after year.

How much can I borrow with a business line of credit?

In Australia, business lines of credit typically range from $5,000 up to $1,000,000 depending on turnover, profitability, and credit profile. Lenders place weight on recent bank statements, trading history, and overall financial stability when setting limits. Because lines of credit are revolving facilities, repaying funds restores your available balance, giving ongoing access without needing to reapply. While credit limits can be substantial, lenders expect evidence that your business can responsibly manage repayments. Responsible borrowing ensures your line of credit remains a useful safety net rather than a financial burden.

Business Line of Credit Repayment Calculator

Estimate interest costs and repayments. Adjust the amount, term and interest rate to plan cash flow before you apply.

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Am I eligible for a business line of credit?

Eligibility is similar to unsecured loans but often stricter due to the revolving nature of the facility. Lenders assess your financial health, trading history, and repayment capacity closely. Strong turnover and healthy cash flow increase your approval chances.

You may be eligible if you are:

  • An Australian citizen or permanent resident

  • Over 18 years old

  • Trading for at least 12 months

  • Minimum monthly turnover of $10,000

  • Registered for GST

How to apply for a business line of credit?

Complete a quick online application and we’ll compare line of credit options from our 50+ lender panel. Once approved, you can access funds directly and use them whenever required. Many facilities can be established in just days.

Documents you may need:

  • ABN and GST registration details

  • Photo ID (passport or driver’s licence)

  • Recent business bank statements

  • Evidence of income and expenses

How to save money on a business line of credit

Saving money on a business line of credit comes down to how you use it. Because you only pay interest on what you draw, borrowing strategically helps keep costs low. Avoid treating the facility as free cash flow—always have a plan for repayments.

Comparing multiple lender offers is also critical, as credit limits, fees, and rates vary widely. Look for hidden costs such as annual facility fees, transaction charges, or penalties for late repayments. If your business has strong cash flow, repaying quickly after drawing funds reduces the interest charged and keeps the facility ready for future needs.

Finally, align your use of the line of credit with revenue-generating activities. For example, using it to purchase inventory you know will sell is smarter than covering long-term expenses. This ensures the credit works for you, not against you.

Understanding line of credit options

Business lines of credit in Australia can differ significantly by structure, fees, and eligibility. Comparing these features ensures you select the right facility for your business.

Secured vs Unsecured

Some lenders require property, vehicles, or other assets as collateral to reduce risk, while others offer unsecured lines of credit based on turnover and credit history. Secured facilities may allow higher limits or lower rates.

Personal Guarantee

Even if unsecured, many lenders will request a personal guarantee. This means directors or owners may be personally liable if the business defaults.

Revolving Facility

Funds become available again as you repay, offering ongoing access without reapplying. This differs from fixed-term loans, where you repay until the balance is cleared.

Interest & Fees

You only pay interest on what you draw. However, many lenders charge annual or monthly facility fees, transaction charges, or drawdown costs. Always review the full fee schedule.

Repayment Flexibility

Most lenders allow flexible repayment schedules. Choosing to repay faster reduces total interest paid, while minimum repayments keep cash flow steady.

Limit Reviews

Lenders may review your facility annually to reassess turnover, cash flow, and repayment history. Strong performance can increase your limit, while poor performance may reduce it.

Testimonials

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I had an outstanding experience working with Eugin to get my car finance sorted! From the very beginning, Eugin was professional, knowledgeable, and incredibly helpful. He made what can often be a complicated process feel smooth and stress-free. His attention to detail ensured everything was handled efficiently, and he guided me through each step with clear explanations. Thanks to Eugin's support, I secured the financing I needed to buy my car, and I couldn't be happier. If you're looking for someone reliable and dedicated to help you with car finance, I highly recommend Eugin at Emu money. He truly goes above and beyond!

Pabasara G.

Review posted on 2023-11-01

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Clint G.

Review posted on 2023-10-25

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Eujin made the process of securing a personal loan and car finance quick and hassle-free. He was efficient, easy to deal with, and provided excellent service. Highly recommend!

Nisal M.

Review posted on 2024-01-31

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Thank you Brad for your help and patience in organising our funding. As discussed we highly recommend you. Many thanks.

Ryan P.

Review posted on 2023-11-01

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It was an absolute pleasure dealing with Ryan from Emu Money in sorting out my car loan. I was talking with another broker and I was almost ready to settle the loan through him without realising I was getting charged a large amount as the lender fee, almost 3K. Once I started talking with Ryan I realised the naked truth of how I was about to get ripped off by the other lender. Ryan helped me to get the loan with a lesser fee, lesser repayment amount and the same lender with which I was gone with the first broker. I can't thank enough Ryan for his exceptional service which helped to get a better deal. I would highly recommend him for any loan needs.

Praveen P.

Review posted on 2023-10-25

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We highly recommend Brad, he went above and beyond to assist us and kept us informed all the way through the process. 5 stars all the way!! loooking forward to working with you again when we need to purchance our next hooist or other workshop equipment!! cheers

Gregory S.

Review posted on 2023-11-01

Frequently Asked Questions

Business Line of Credit FAQs

These helpful FAQs will help you find the answers you need. If you can't find what you're looking for, you can request a callback below.

How does a business line of credit work?
How much can I borrow?
Are interest rates higher than term loans?
Is a line of credit the same as a credit card?
Can sole traders apply?
How quickly can I get access?
Do lenders check personal credit?