Business Line of Credit - Residentially Secured
A line of credit means you can access and draw on funds at any time, repay as much or as little as you like (as long as you cover the interest, fees & charges each month) until the end of loan term.
Fees
| Fee | Type | Amount |
|---|---|---|
| AGENT_FEE Payable if we need to instruct an agent in connection with the settlement of your loan | Payment | $150.00 |
| TITLEPRODFEE Payable when you ask us to produce the title to you or another credit provider | Event | $150.00 |
| TITLESEARCH Payable when you undertake a title search in relation to any security | Event | $50.00 |
| SETTLEMENTATTFEE Payable when we are required to attend any settlement on your behalf | Event | $75.00 |
| SEARCHFEE Payable when we undertake any search in relation to your company or business at ASIC | Event | $20.00 |
| PHOTOCOPYFEE $3 per page. Payable when you ask us to photocopy documents for you | Event | $3.00 |
| DISCHARGE_FEE Payable when any security is wholly or partially discharged. | Exit | $350.00 |
Features
- Digital banking
- Online Banking enabled
- No monthly account keeping fees
- Flexible Repayment terms available
- Option of interest only repayments
Eligibility
- Minimum age — 18 years
- Residency status — Must be an Australian resident or citizen, with an Australian residential mailing address
- Product is available to approved borrowers only. Terms, conditions, fees, charges and normal lending criteria apply
- Business customersAvailable to Businesses
- Maximum Loan to Value Ratio of 80%
Constraints
- Minimum limit — $20,000.00
More Information
Published by Hume Bank under the Consumer Data Right · Last updated 10 July 2026 · Product ID L47V1 · View on CDR.gov.au · View Source Data (JSON)