We understand that businesses have their ups and downs. Maybe your customers are sometimes slow to pay, or maybe seasonal sales variations are playing havoc with your cashflow. Often it's just a few worrying weeks, then the problem is behind you.
Heartland's solution for times of low cashflow is a revolving credit facility for business. You can call on it when times are tight, then clear the debt when you get paid. It's an excellent alternative to a short-term loan or overdraft.
If you need to purchase a business asset, like a new vehicle or piece of equipment, a term loan may be better suited to your needs. Check out our business loans instead.
When your facility is not being used it doesn’t go away and it doesn’t cost you anything. You only pay interest when the facility is in use.
We can provide a revolving credit facility of up to $75,000 without any security; we can assist with a larger facility of up to $250,000 with security.
The Heartland Revolving Credit facility is designed to work in conjunction with your existing everyday business bank account.
The Heartland Mobile App allows you to pay money to your nominated account on the go.
When you get a revolving credit facility from Heartland, you don’t have to move the rest of your banking across. We’re happy for you to stay with your main bank for all your transactional banking needs.
businesses funded, and counting
made available to small businesses
experience managing Kiwis' money