Speedy Launches a Line of Credit: Here's What It Means for Your Clients

For SME clients with recurring short-term funding needs, the traditional lending model has always had a fundamental flaw: every time they need capital, they have to start the process again. New application. New documents. New approval. New wait. By the time funds are available, the window has often already closed.

That's the problem Speedy's new Line of Credit facility is designed to solve, and for brokers with the right clients, it changes the conversation entirely.

What the Line of Credit actually is

Speedy's Line of Credit is a revolving facility that gives business borrowers on-demand access to funds within their approved limit. Drawdowns settle within 24 hours, and the facility can be redrawn as repayments are made. One approval, ongoing access, no reapplying every time a need arises.

It's not a term loan dressed up with a new name. It's a genuinely flexible funding line built for businesses that have predictable, recurring capital needs and don't want to burn time re-lodging each time.

What it means for brokers

1. A solution for the repeat lodgement problem

If you've got clients who come back to you every few months needing short-term funding, ATO obligations, stock purchases, payroll gaps, seasonal cashflow, you already know the frustration. A Line of Credit replaces that cycle with a single, structured facility. Your client gets what they need faster, and you're not rebuilding a file from scratch every quarter.

2. A product that fits where banks can't

Traditional lenders either don't offer revolving facilities to SMEs or apply credit criteria that rules most of them out. The clients most likely to benefit from a Line of Credit, businesses managing cashflow volatility, growth-stage operations, or those with ATO debts in the background are exactly the ones banks push to the back of the queue. This product was built for that gap.

3. Faster drawdowns, better client outcomes

With drawdowns settling inside 24 hours, clients aren't waiting days for funds to land once the facility is in place. For businesses managing time-sensitive expenses, that speed matters. It also means you're putting clients in front of a solution that actually works at the pace their business moves.

4. A reason to have a different conversation

The Line of Credit opens up a new angle for brokers when reviewing a client's overall funding structure. Instead of a reactive conversation every time a short-term need appears, you can position it as proactive financial management, a standing facility that's ready when they need it. That kind of forward thinking strengthens the broker-client relationship and positions you as more than a transaction processor.

Built for the clients banks leave behind

The Line of Credit isn't the right fit for every scenario but for SME clients managing recurring working capital needs, ATO obligations, or short-term business expenses, it's a materially better structure than lodging a new deal each time.

If you've got a client who keeps coming back with the same short-term need, or one who's been knocked back by a bank for a revolving facility, it's worth a conversation.

Submit a scenario

If you've got a client who could benefit from a Line of Credit or want to talk through whether it fits their situation, send it through and we'll give you a clear direction quickly.