Max Funding understands every business is unique that’s why we can tailor a line of credit facility that suits your business stage, industry and cash flow.
Qualify for a Max Funding business line of credit is easy. Even if you are a new start-up, got bad credit history, previously been bankrupted, we always endeavour to help.
No need to line up for hours. Experience our short 5 minutes online application and get a pre-approval result instantly anywhere in Australia! There is no credit check for a pre-approval.
With our online line of credit portal, accessing funding when you need it has never been easier. Simply making you request from your online account and that’s it.
We have assisted thousands of Australian businesses with millions in funding.
We are dedicated to assisting business owners with their financial needs.
Max Funding serves all industries operating in Australia.
A Line of credit loan is an ideal option for small businesses owners. It offers flexibility, value and control. You can easily access working capital up to your approved limit. That means you will have greater control and flexibility when you need capitals to grow your business. The whole process is seamless like a business credit card. You only need to pay interest on the portion of the amount being used.
At Max Funding, we understand that small business requires more flexibility when it comes to the effects of cash flow gap and unexpected expenditure. A shortage of cash flow may create severe problem to the operation of a small business. Therefore, a line of credit is the financial backup for your business. So you can focus on your core business activity to grow.
It’s easy to be eligible. We cater our services to businesses of all shapes and sizes, new or existing.
Fill out our pre-approval form and receive a pre-approval decision within five minutes.
Remember, no credit check will be performed for a pre-approval.
We have made the loan application fast and simple. Head over to our How It Works page to see how simple the whole process is.
It's always our mission to provide you with the maximum funding available to your business. The amount you can borrow for any of our loan products varies between clients.
We assess the amount using a combination of factors. If you want to find out how much you’ll be eligible for, start filling out our pre-approval form. This is an easy five minutes process, and you’ll receive an almost instant decision and a rough estimate of the amount loanable to you.
Interest rate is from 1.80% per month based on the loan amount drawn. Given this facility is feature rich, rate is considered to be one of the lowest for a business line of credit in Australia.
Interest is charged only on what you have used, so you can enjoy the financial freedom and flexibility.
A line of credit allows you easy access to funding as you need it. Unlike a loan, there is no need draw-down the full loan amount. Typically, businesses only access the portion of funds that is needed to buy stock or pay suppliers and pay down the line of credit when customers pay them back to lower the interest.
Line of credit has become increasingly popular in recent years for small business, largely due to their great flexibility. For further flexibility, line-of-credit borrowers can also make large one-off principal repayments to reduce the credit used.
Credit limit can be adjusted base on business performance and owner’s personal record. The stronger the business, the higher the limit. Max Funding values royal clients and very often limit is increase based on year of the relationship.
Unlike a regular loan, a line of credit does not charge interest on the part of the loan that is unused, allowing for cost-effective and efficient use. For their convenience, borrowers can draw on the line of credit as needed. This finance option may be classified as a demand loan (depending on the agreement with the financial institution), meaning that any outstanding balance will have to be paid immediately at the institution's request.
Used wisely, demand loans can save you thousands in interest over the term of the loan by depositing your income and any additional funds in the account and drawing out only your minimum requirements.