Business Line of Credit

MyMates Finance offers an Unsecured Line of Credit via WalletPay; the new way to control your business finance.

Flexibility is key, especially when it comes to your cashflow, and that’s why WalletPay exists.

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Business Line of Credit

When you use WalletPay you’ll benefit from

Get the finance you want, when you want

Control your spending. You decide how long to take paying off your contracts

Allow your business the freedom to have some available cash and relieve stress

How does it work?

Businesses apply for a wallet and get a credit limit in a handy weekly value. WalletPay can be used in a variety of third-party online payment destinations but also as a bespoke credit mechanism anywhere you need to use it.

  • Apply online
  • Borrow from $500 to $100,000
  • Interest charged only when credit used
  • Pay back over 1, 2 or 3 years

Interest rates and fees

25.75%per annum
Fees & Charges
  • No establishment fee
  • No monthly or annual fees
  • No deposit or balloon payment
  • No early payout fee
  • Default Fee - $10