A revolving credit facility is the next step up from an overdraft and works well if you have suitable security (property or business assets) and want to maintain a larger ongoing credit limit to suit the size of your business or farm.
A revolving credit facility is like a complete banking package that provides an all-in-one transaction account, overdraft and lending facility. We have three options you can consider, depending on your business or farming needs.
A Commercial Credit Facility could be an option if your business has larger funding requirements. It’s designed to help larger businesses simplify funding into one facility that can be accessed and repaid at any point.
High cash flow requirements and seasonal demands are part of life on the farm. If you have larger funding requirements a Rural Credit Facility could help you smooth out the ups and downs, and plan ahead.
Our business and rural managers can help you choose the right products and services for your business.
ASB’s lending criteria and terms apply. Establishment, Line and Undrawn fees may apply.
Specific terms and conditions apply for the products and services referred to on this page.
Business and Rural interest rates and fees.