Our Commercial Overdraft is a flexible way to manage your short-term cashflow and cover expenses. Withdraw money up to your approved limit when needed, and deposit funds when your business receives payments.

Product Features:

Business Lending
Interest Rate : Interest rates differ based on the type of security you provide for your loan, your loan amount and other factors.
Minimum loan amount : No minimum
Maximum loan amount : $1,000,000
Maximum LVR : N/A
Maximum loan term : Subject to annual renewal
Interest calculation : Calculated daily, charged monthly
Repayment type : Billing up to the credit limit then required to bring under limit each month
Establishment fee : $500
Monthly loan fee : $0
Early termination fee : $0
Extra repayments : N/A
Interest offset : N/A
Redraw : N/A
Loan preparation fee : At cost
Increase/top up : Yes
Business type : Businesses of any size, including sole traders, partnerships, trusts and registered companies. Groups or individuals using the lending facility for business purposes are also eligible.
Security : Secure your loan with residential, rural, or commercial property; or cash collateral
Second mortgage security : Yes
Vacant land as sole security : Yes - Residential zoning only

Business Enquiry Form

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Eligibility criteria, terms & conditions, fees & charges apply.