Our Cash Flow Facility is designed to be user-friendly and efficient, similar to a revolving loan, but with some added benefits.
How it works
- The Cash Flow Facility works like a revolving credit facility, allowing you to access funds when you need them.
- Once approved, you’ll receive a pre-approved credit limit, which you can view on your customer profile at any time.
Fees
There are no monthly account or admin fees. You only pay for the funds you actually draw down and use.
Accessing your funds
When you need funding, you can simply request a drawdown through your customer profile for any amount within your available limit. Your final approved term will depend on your application assessment.
Repayment terms
You can choose a repayment term of 3, 6, 9, or 12 months.
Do I need to reapply each time?
- No. Once your facility is active, you do not need to reapply every time you want to access funds.
- However, each drawdown is subject to a credit and affordability assessment as part of our responsible lending approach.
Monthly requirements
To Keep your facility active and ensure smooth processing, please remember to submit your bank statements every month.