Credit that grows
with your business.

Businesses with at least $5,000 in monthly verified revenue and three months of operating history. Eligibility also depends on jurisdiction, verification and credit review.

No fees accrue between signing your agreement and your first transaction. After you start using the facility, the monthly subscription is based on your agreed credit limit. If you do not use the facility during a billing period and your outstanding balance remains zero throughout that period, no subscription is charged for that period.

No. Interest is 0%, but a subscription applies for chargeable billing periods: $299 per month at a $10,000 limit, plus $200 for each additional $10,000 of credit limit. For example, the subscription is $499 at $20,000 and $2,099 at $100,000.

Under the 10% repayment plan, your required monthly payment is the greater of 10% of your actual outstanding balance on the billing date or the monthly subscription for your agreed credit limit.

Example: With a $10,000 limit and a $2,000 outstanding balance, 10% is $200 and the monthly subscription is $299. Your required payment is therefore $299. In this example, the payment covers the subscription and does not reduce principal or restore available credit.

This describes the 10% plan. Other arrangements may include full monthly repayment, 10%–30% flexible repayment, revenue-linked payments or fixed instalments. Your signed agreement confirms your plan.

Your recurring billing day is set by the date of your first transaction, capped at the 25th of the month. A first transaction on 15 November sets the billing day to the 15th; a first transaction on 29 November sets it to the 25th. Your agreement and payment schedule confirm the first payment due date.

Where your agreement includes a two-month period before the first payment, that period starts with your first transaction, not when you sign the agreement. Subscription fees accrue during this period and are included in the first required payment rather than paid separately.

The two-month period is a payment deferral, not a subscription-free period. Your agreement confirms the first-payment calculation and due date.

Payments first cover the applicable subscription fees. The remainder reduces principal and immediately restores the same amount of available credit, which you can use again under your facility terms. Only the portion used to repay principal restores your limit.

Example: You first use the full $10,000 limit on 15 November, with no further transactions and a $299 monthly subscription. With an agreed two-month deferral, your first payment on 15 January is $1,000. Of this, $598 covers two months of subscription fees and $402 repays principal. Your available credit increases by $402 and the outstanding principal becomes $9,598.

With no further transactions, the next payment is $959.80: $299 covers the subscription and $660.80 repays principal. This restores another $660.80 of available credit and leaves $8,937.20 outstanding.

Illustrative example for the 10% plan with a two-month initial payment deferral.

Yes. You can make payments above the required amount at any time without additional early-repayment fees. Any amount applied to principal immediately restores your available credit.

You cannot reduce your credit limit during the current billing period. You can request an increase, subject to review and your acceptance of the revised limit and subscription. Start with a limit that matches your current needs and request more as your business grows. Any reduction for a future billing period must be agreed with V17.

To stop using the facility, fully settle your outstanding balance, including any accrued subscription fees, and make no further transactions. Once all amounts due have been paid, no further payments are required while the facility remains unused with a zero balance. Contact the V17 team if you wish to formally close the line. If you need financing again later, you can discuss restarting, subject to eligibility and approval.

Standard facilities do not require personal guarantees. Larger or higher-risk facilities may require security.

Send us your business details using the form below. Our team will review your enquiry and contact you to discuss eligibility, revenue verification and next steps. Submitting a form is not a credit approval or a commitment to borrow.