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Business Overdraft
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Business Overdraft

An approved facility on your Business Current Account usually for up to a year that helps cover unexpected expenses. These overdrafts can help maintain your cash flow by providing extra financing when you need it.

A quick glance
  • You only pay interest on what you borrow
  • Interest is calculated daily on the overdrawn balance and debited to the account every six months
  • You can at any time apply to change the amount and/or duration of the overdraft - subject to approval 
  • Security may be requested