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Right. With variable rate loans not too easy as they are already documented etc. I.e. Loan 2 is a $100k facility so you need to increase it to $200k and see saw it. As an option, you might be able to swap both to lines of credit, then you can do a see saw of the limit from one account to the...

all you'd do is transfer it from one account to the other. BUT issue would be you'd pay out loan 2 Would be easier to set up an offset on loan 2, transfer the redraw into the offset.