Cash on Hand Line of Credit

Our Cash on Hand Line of Credit can be used for any worthwhile non-business purpose. It gives you access to a set amount of money, but you only pay interest on the funds you use.

Features

No monthly account keeping fees
Interest charged only on funds used
$30,000 minimum Line of Credit
Borrow up to a maximum of 80% of valuation
Funds can be used for any worthwhile non-business purpose
Access by MyState Financial Visa Debit Card, Redicard or Redicard PLUS, ATM, EFTPOS or cheque
Credit limit may be extended subject to approval and valuation
Direct Credit option available

Any advice on this website does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. MyState Financial recommends you read our Product Disclosure Documentation before acquiring the product. Loan applications are subject to MyState Financial’s normal credit approval criteria and may also require approval of a Lenders Mortgage Insurer. Terms and conditions, fees and charges apply. Fees and charges are subject to change.

BSB 807009 © MyState Financial Limited (MyState Financial) ABN 89 067 729 195 AFS Licence Number 240896. Registered Office – Heritage House 172 Collins Street Hobart Tasmania 7000. A wholly owned subsidiary of MyState Limited ABN 26 133 623 962.