What does it mean to have an available loan amount?

The available loan amount is the amount we estimate you could increase your business loan by. This amount is based on your transaction history and your existing loan, but does not take any other parameters into account. The available amount is only an estimate, and we cannot guarantee that your application will be approved until we have made a full assessment when you apply. The amount you are offered may be higher or lower than what the available amount indicates.

Did this help you?
Did you feel that you received the information you were looking for in this article?
Thank you!
Something went wrong