$0
No fees. None.
No establishment fee, no monthly or account-keeping fee, and no charge for having the facility open.
Australia-wide business funding
Business Line of Credit at just 2% p.a.
Pay nothing unless you use it. Get a revolving credit limit of up to $150,000 for your business. No establishment fees, no monthly fees, no charges — interest applies only to the amount you draw.
- $0 establishment fee
- $0 monthly fees
- $0 when not in use
Your business credit lineRevolving
Limit up to
$150,000
Drawn$28,000
Available$122,000
Interest rate2.00% p.a.
Fees$0
Cost if unused$0
Illustrative example only. Interest on $28,000 drawn for 30 days ≈ $46.03.
Australia-wideBusinesses in every state & territory
2% p.a.On the drawn balance only
Up to $150kRevolving credit limit
No feesNo establishment or monthly fees
A smarter safety net
Cash flow on tap — only pay when you use it
A line of credit works like a ready-to-go buffer for your business. Your limit sits there until you need it. Draw $5,000 for a week to cover stock, or $50,000 for a month to fund a big job — you pay 2% p.a. on just that amount, for just those days.
- No establishment fee and no monthly fees
- Interest calculated daily on the drawn balance
- Repay anytime and redraw again
How it works
Funding in three simple steps
Enquire in about two minutes. A specialist will come back to you to walk through the details.
Enquire online
Tell us about your business and how much you might need. It takes about two minutes.
Talk to a specialist
We review your details, confirm eligibility and explain how the facility works for your cash flow.
Draw when you need it
Once approved, draw funds as needed and repay anytime. You only pay 2% p.a. on what's drawn.
Why a LendKart line of credit
Flexible working capital without the fees
2%
Pay only on what you draw
Interest of 2% p.a. is calculated daily on your drawn balance — never on the unused limit.
↻
Revolving credit
Repay and redraw as often as you like. Every dollar you repay is available to use again.
150k
Limits up to $150,000
Cover stock, wages, supplier bills, tax, equipment or seasonal gaps — whenever cash flow is tight.
Common uses:Cash flow gapsStock & inventoryWages & superSupplier invoicesBAS & taxEquipmentGrowth opportunities
Interest calculator
See exactly what it costs
Interest is simple: amount drawn × days drawn × 2% ÷ 365. No fees are added on top.
- Nothing to pay on your undrawn limit
- Repay early to pay less interest
- No fees to open or keep the facility
Line of credit calculator
Estimated interest$41.10
Fees$0.00
Total cost$41.10
Estimate only, at 2% p.a. simple interest on the drawn balance. Actual costs depend on your approved facility and repayments.
Get startedEligibility
Is your business eligible?
We work with small and medium businesses right across Australia.
✓
Australian business
Registered in Australia with an active ABN.
✓
Trading 18+ months
An established trading history of at least 18 months.
✓
Australia-wide
Sydney, Melbourne, Brisbane, Perth, Adelaide, Hobart and regional areas.
✓
Any industry
Trades, retail, hospitality, transport, health, professional services and more.
FAQ
Frequently asked questions
What does the line of credit cost?
Interest is 2% p.a., calculated daily on the amount you have drawn only. There are no establishment fees, no monthly or account-keeping fees, and nothing to pay while the facility sits unused.
How is interest calculated?
Amount drawn × number of days drawn × 2% ÷ 365. For example, $20,000 drawn for 60 days costs about $65.75 in interest.
How much can my business access?
Credit limits of up to $150,000, subject to eligibility and approval.
Who is eligible?
Australian businesses with an active ABN that have been trading for at least 18 months. We support businesses Australia-wide.
What does “revolving” mean?
You can draw, repay and redraw as often as you need up to your approved limit. Amounts you repay become available again.
Are there any hidden fees?
No. No establishment fee, no monthly fee and no charges unless you use the credit. Your specialist will confirm all terms in writing before you sign anything.
What can I use the funds for?
Any genuine business purpose — managing cash flow, buying stock, paying wages or suppliers, covering BAS, or taking up a growth opportunity.
How do I get started?
Complete the enquiry form below or email us at sales@lendkart.com.au. A specialist will contact you to discuss next steps.
Get started
Enquire about your line of credit
Takes about two minutes. A funding specialist will be in touch to talk through your options.
- 2% p.a. on drawn balance only
- No establishment or monthly fees
- Limits up to $150,000