Business Line of Credit

Our business lines of credit features revolving funds from $2 000 — $1 000 000, no cash advance fees and no interest charges until you use the funds.

Australia’s best

Business Line of Credit without a bank

Line of Credit limit

Up to $1 million

Minimum time in business

3 years+


Weekly and monthly options



Online application in less than 5 minutes

All we need is a few business and personal details so we can verify you in real-time, avoiding a lengthy application. Link your bank account and we can service you on the spot.

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Verify your ABN, mobile and Australian ID in real time.

Please Have the following ready:
ABN, Australian driver’s licence or passport number and bank account details.

Link accounts

Link your business bank account for a fast decision

Get funded within 24 hours

Once approved by your lender, you can get the capital you need in as little as 24 hours.

Get started today

Apply with no impact to your credit score and get a decision within 24 hours.
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Business Line of Credit

How does a line of credit work?

A business line of credit works like a credit card. It gives your business access to a pool of funds, up to a limit.

You can withdraw funds when needed and you only have to pay interest on that amount, not the total amount available. With a revolving line of credit, you can reuse the funds once you’ve repaid them, all without having to reapply.


Up to $1 million linked to your business transaction account


Manage cash flow as you need


Only pay interest on funds used


Speak with our business specialists


No Collateral

What is a Line of Credit?

An Line of Credit facility is a credit agreement that allows an account holder to use or withdraw money. Traditional banking business overdrafts are linked to a business transaction account. The technology behind our Business Line of Credit enables the facility to be linked to any Australian banking transaction account.

How does the Business Line of Credit work without a transaction account?

We use technology provided by our data partners illion Open Data services (who run a large credit bureau in Australia) to link your transaction banking accounts to your line of credit. It means you can have your transaction banking at the bank that best suits your needs and the flexibility to have your line of credit with Loanblaster. You are also able to move your transaction banking to any bank – simply link your new bank account to your Business Line of Credit.

What are the eligibility criteria?

Approval is subject to credit assessment, lending criteria and ID verification. You can only apply for this product if:

  • You have a valid Australian Business Number (ABN) and residential address in Australia
  • Your business is registered for GST and has a turnover of at least $250,000 per annum
  • Your business has been in operation for at least 3 years
  • Hold an Australian citizenship or permanent residency
  • You intend to use the product where the purpose is wholly or predominately for business purposes
  • You have a good credit history

What if I don’t qualify for a Business Line of Credit?

We have a range of other lending products including Terms Loans that you may qualify for.

Can I request an increase on my line of credit limit?

Yes, you can request an increase at any time by calling 1300 617 673 or emailing

What is the term of the Business Line of Credit?

The Business line of Credit has a 5-year term. However, the facility is uncommitted, and the available limit may be reviewed during the term of the facility.

We needed finance to renovate our cafe. We couldn’t get a loan from the banks in time to pay for our reno. We found Loanblaster on Google and filled int the form. Within 1 hour We had 3 written quotes from 3 top Unsecured Loan providers. We selected our lender and we had the funds in our bank the next day.


Cafe Owner, Perth

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Business owners trust us to look after the needs of their business. We are specialists committed to delivering the very highest service in Business Finance and Insurance.