Finance

Revolving Line of Credit


Welcome to the ultimate 'all-in-one' account. Our Revolving Line of Credit gives you the freedom and convenience to manage your short and long-term borrowing requirements through one account. You can draw upon and repay funds at your discretion at any time depending on your lending needs.


Key Features  .
Uses
  • Meet working capital requirements, growth opportunities and off-farm investment purchases. 
  • Ensure immediate access to available funds to take advantage of any opportunities that may arise.
Minimum amount
  • $250,000
Term
  • Five, ten and fifteen year options available upon approval.
Loan repayment
  • No ongoing principal repayments required
  • A come-and-go facility, you can repay and redraw funds at your discretion to suit business cash flow.
Interest rates
  • The Landmark Financial Services variable Base Rate for August 2008 is 8.12%. (Rural Power Base Rate for August 2008 is 8.12%). 
  • This Base Rate is adjusted monthly and does not include any applicable client margin. For more information visit fees, terms and applicable taxes.
Interest charging
  • Calculated daily and debited monthly.  
  • Interest charged in arrears.
Loan security
  • First registered mortgage over rural property.
  • Residential property mortgage.
Access to funds
  • Access your account 7 days a week via:
    •  Cheque book
    •  Rural Visa card
    •  ATM/EFTPOS  
    •  Direct Debit/credit
    • Electronic funds transfer
    • Finance Online Plus
    • Bank cheque
Fees and Charges
  • Loan establishment fee
  • Transaction fees
  • Government fees, charges and duties (if applicable)
  • Other fees may apply


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