$5k – $750k · Revolving
Line of credit.
Approve once, then draw down whenever cash flow tightens or an opportunity shows up. Only pay interest on what you actually use, repay it back, and the limit refills.
Range
$5k – $750k
Rate
from 12.9% p.a.
Decision
24-hour decision
Who it suits: Businesses with lumpy cash flow or seasonal spikes
What you get
The details that make this work.
01
Approve once, draw forever
A revolving facility — apply once, use it for years. Take out $5k to cover payroll on a slow week, or $200k to take advantage of a bulk-buy discount.
02
Only pay for what you use
Interest accrues only on the drawn balance. No drawdown fees, no monthly account fees, no unused-line charge.
03
Real-time control
Draw, repay and see your available limit instantly from a simple web dashboard or mobile app.
04
Limits that grow with you
After a track record of healthy use, lenders will often raise your limit without a fresh application.
See it in action
A look at line of credit inside Myfy.
Compare offers, read the fine print, and pick the right one in a single screen. Designed to feel calm — even when the deadline isn’t.
Try it free
Indicative repayment
A quick example, in your currency.
Indicative only — your actual rate depends on your business profile and the lender we match you with.
Borrow $50,000
Weekly
$1,025
Monthly
$4,440
Total over 12 months
$53,281
Eligibility, plain English
If most of these apply, you’ll likely be approved.
ABN active for at least 12 months
Australian-owned business
Minimum $10,000/month average revenue
No current ATO arrangements over 90 days late
Run the numbers
Estimate your repayment in real time.
See what it might cost.
Indicative figures only — your actual rate depends on your business profile.
Indicative weekly
per week, over 24 months
Monthly
0
Total
0
Indicative APR
11.9%
Free quote · no credit impact at this stage
The fine print, made readable
Questions about line of credit.
Most lenders allow draws as low as $1,000. There is usually no minimum monthly use — leave it untouched and you pay nothing.
You might also like
Other Myfy products that pair well.
Ready when you are
Six minutes between you and a real offer.
Free quote, no obligation, no credit impact. Take a look, decide later.