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Macquarie Bank Line of Credit

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Macquarie Bank Line of Credit
Loan Term
Up to 5 years


Pay interest only for what you draw. Rates and fees vary based on how much you borrow and security provided.

If you need a boost to your working capital in the short or medium term, you can get a line of credit starting from $500,000. This loan has no maximum amounts, but it does require security. Interest is charged only on what you use. Rates and fees are only shared once you apply and can vary, based on how much you borrow and the security provided. Macquarie Bank doesn’t service all industries. You may be able to apply if you work in the accounting, architecture, car dealing, engineering, financial services, healthcare, insolvency, insurance, legal, real estate, strata management, surveying and technology.

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Product details

Product Name Macquarie Bank Line of Credit
Min. Loan Amount $500,000
Max. Loan Amount No maximum amount
Loan Security Secured
Loan Term Up to 5 years

How does a business line of credit from Macquarie Bank work?

Macquarie Bank's business line of credit offers borrowers the opportunity to apply for a credit limit of at least $500,000 on a term of up to 5 years. With a line of credit from Macquarie Bank, borrowers will be approved for a specific credit limit depending on their circumstances and the financial standing of their business.

The benefit of a line of credit for businesses is that you can draw down funds as you require, to support your working capital and cash flow. And, because you only pay for what you borrow, you won't be charged interest on a full lump sum, like other forms of business finance.

To apply for a Macquarie Bank line of credit, borrowers must contact the bank directly and request a callback to discuss their situation. Once you've requested a callback, Macquarie Bank will allocate you a professional consultant who specialises in your particular industry. Macquarie Bank's lines of credit require security.

What features does a Macquarie Bank business line of credit offer?

Some of the features of a Macquarie bank business line of credit include:

  • It's secured. Your line of credit can be secured by a diverse range of security options, including goodwill, real estate property, debtors, rent rolls, strata rolls, works in progress or a combination of these.
  • Credit limit. Credit limits start from $500,000. There is no maximum credit limit, this amount will depend on your circumstances and your level of security.
  • Industry specialised. Macquarie Bank specialises in loans and lines of credit for accounting, architecture, car dealers, engineering, financial services, healthcare, insolvency, insurance, legal, real estate, strata management, surveying and technology industries. If your business is not in one of these industries, Macquarie Bank cannot offer you a business loan or line of credit.
  • Credit term. Receive a term of up to 5 years.

How much does a Macquarie Bank business line of credit cost?

The exact cost of your line of credit will depend on your circumstances, your business data and the type of security that you provide. However, you can expect to pay:

  • Interest rate. You'll only pay interest on the funds that you draw down.
  • Fees. Other fees and charges may apply, such as establishment, monthly or other ongoing fees set out in your loan agreement.

How to apply

Click "Go to site" on this page to visit Macquarie Bank's website directly and request a callback. In order to be eligible for this line of credit, you will need to:

  • Be 18 or older
  • Have an active ABN/ACN
  • Have an eligible form of loan security

Please note that all applicants are subject to credit approval. Other terms and conditions and eligibility criteria may apply. Please contact Macquarie Bank directly for further details.

It's always a good idea to compare your business loan options carefully prior to submitting an application.

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April 02, 2023

I would like to apply for a line of credit. I have one previously but cancelled it once i sold my house.


Sarah Megginson Finder

April 06, 2023

Hi there,

To apply for a line of credit you need an asset to secure it against. You mentioned you’ve sold your house; that was the security that your line of credit was approved against.

If you have another property, you may be eligible to apply for a LOC, but if you no longer own a property, you won’t be eligible. In this case, you could apply for an unsecured personal loan.

Hope this helps!

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