Business Overdraft

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Business Overdraft

manage your business cash flow needs

A Business Overdraft can help ensure your business runs smoothly by offering you an easily accessible line of credit to cover those necessary business expenses, such as paying suppliers, invoices and even your employees’ wages. Access funds up to an approved limit, making sure that extra funds are available when your business needs it most.

Repayments are the greater of $20- or 2% of the month end closing balance of the account.

Features

  • Variable rate

  • No annual or account keeping fees

  • Access funds with a linked Cuecard

 

Offset Facility  na
Redraw Facility  na
Payment Frequency Options 1
Interest Only Option  na
Fixed Rate Option  

Minimum Amount $20,000
Maximum Term ongoing

Branch
Online Banking
Direct Credits
Periodic Payments (cr)
Bank@Post (cr)
Cheque Book
ATM
eftpos
Direct Debits
BPAY

Application Fee
Annual Fee
Break cost for fixed rate na

Click here to read the Target Market Determination for a Business Overdraft.

 

Toolkit

View Rates  

Business Loan and Overdraft Application | Compare Business Accounts

Business Overdrafts

 

Contact our loan specialists

 

Things you should know
Applications are subject to Dnister credit assessment criteria. Terms and conditions, including fees and charges, apply. Full details are available on application. The information contained on this website is subject to change without notice.
 1 Weekly, fortnightly or monthly repayment options. Subject to satisfying the minimum monthly repayment commitment detailed in the Offer and Loan Contract.
General Advice Warning: In providing you with this information, you should consider the appropriateness of this product or service with regard to your particular financial situation and needs. We advise that you carefully read our Product Disclosure Statement and associated Disclosure Documents before acquiring a product.