Business Overdraft
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
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.