The ANZ Business Equity Credit Line provides your business with a flexible credit facility. Because your credit is secured against your home or other residential property, the rate of interest is charged closely aligned to home loan interest rates. This can make it a cost effective way to cover short-term business funding needs.
ANZ also offers business loans secured by residential property.
Product information
Monthly
administration fee
administration fee
$15.00
Credit facility fee
No fee
Transaction fees
30 free transactions per month, then 50 cents per transaction via electronic, staff-assisted and cheque written.
Service charges
Service charges apply when a specific service is used:
Access
You can access funds as required via:
Approval fee
From $75, payable on set up of your credit line.
Statements
Detailed account statements are issued monthly (other statement frequencies available on request).
Debit interest
Interest is calculated daily on the outstanding amount only. Variable interest rates apply.
Credit limit
You can apply for a limit of up to 80% of the value of the securing property. There is no minimum limit.
Security
First registered mortgage over your home or other residential property is required.
Additional features
- Revolving credit to draw against as required
- Interest rates closely aligned to home loan interest rates
- Interest charged only on the credit you use
- No fixed or minimum repayments.
How to apply
For more information or to apply for an ANZ Business Equity Credit Line, contact an ANZ Business Specialist:
Call 0800 ANZ BIZ (0800 269 249)
ANZ lending criteria and fees apply to ANZ Business Equity Credit Lines and ANZ Business Equity Loans.