Access cash to keep your business moving.
Line of Credit
Whether it's waiting on payments or investing in your business, we're here to help you manage your cashflow.
- Get up to $100k with no cost to open a line of credit.
- No early payout or monthly fees.
Line of Credit
If your business has been hit with a few curveballs or you want the certainty of access to money when you need it, our line of credit could help you stay on the front foot.
The best bits
Access up to $100k
No cost to open a line of credit, you only pay when you draw down.
No repayments for 30 or 60 days
Get a head start.
No early payout fees
If your loan is paid out in full early, there are no fees.
No monthly fees
Nope.
Apply super-fast
Using your Reece Trade Account info.
The details
- Enjoy an unsecured line of credit.
- In most instances, our lending partner, TruePillars will approve you for the same amount as your Reece Trade Account Credit Limit.
- Select to pay us back each draw down, over 4, 5 or 6 month terms, across your weekly or monthly repayment option.
- $250 drawdown fee on amounts of $15k and below.
- 2% drawdown fee on amounts over $15k.
- Lump sum repayments are accepted with no additional fees.
What we need from you
You must:
- Be over 18 years old.
- Have had a Reece Trade Account for 1 year.
- Have a minimum Reece Trade Account credit limit of $5K.
- Generally pay your Reece Trade Account on time.
- Have a good personal credit history.
For non-Reece customers – contact us on 1800 522 822 to discuss how Laddr can help with your application.
Apply in a few minutes.
We’ll work hard to get you a decision in 24 hours.
If approved, get funded and get your business moving.
