What is GX Biz FlexiLoan?
GX Biz FlexiLoan is a line of revolving credit where Business customers will be granted a credit limit that they are able to make drawdowns from, as long as its within their assigned credit limit.
What is a revolving line of credit?
- You have the flexibility to borrow a loan from the credit line only when you need it
- No interest or fees will be charged if you do not borrow from the credit line
- You can borrow multiple loans up to your credit limit
What are the great things about GX Biz FlexiLoan?
- You can get cash instantly 24/7
- Borrow instantly at the click of a button
- Before borrowing a loan, all interest rates and fees are clearly displayed to you so you can make the best choice
- Flexibility to select a monthly repayment date that works for your business
- No early repayment fees
- No annual fees
- No late fees, but a late interest is chargeable if you do not make your loan repayments on time
- You can borrow multiple loans, up to the full amount of your available credit limit.