An unsecured business overdraft is a line of credit that you can easily access anytime.
Category: Overdrafts Last Updated March 1, 2024 Effective November 1, 2024
General Lending Rates
Rates listed below are for a VARIABLE product. Additional Information
Interest Rate 8.87% PA
Comparison Rate 0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.
Product Features
Card Access
Unlimited Txns
Product Eligibility
BusinessAdditional Information: A sole trader, a partnership with up to two partners, a company with up to five directors or a trustee of an eligible trust
Min Age - 18.
Min Turnover - 75000.00.
OtherAdditional Information: Operated under your current registered ABN/ACN for more than 12 months
OtherAdditional Information: Registered for GST
OtherAdditional Information: You have a business and residential address in Australia.
OtherAdditional Information: Other lending criteria apply.
Bank Fees and Charges
Service Fee (Periodic), Amount: Not Listed.. Additional Information: A service fee of 1.75% per annum of the Overdraft limit is charged monthly on the last banking day.