A business overdraft facility (line of credit) allows you to access additional funds beyond the available balance in your business bank account, up to an approved limit. It acts as a financial buffer, helping you manage cash flow fluctuations, cover unexpected expenses, or bridge short-term funding gaps without the need to apply for a new loan each time. Interest is only charged on the amount you use, making it a practical and cost-effective option for day-to-day financial needs.

Key benefits include:

✔ Interest only charged on the amount used
✔ Access to funds when needed – no delays or reapplying
✔ Helps manage cash flow gaps during slow periods
✔ Supports timely payment of suppliers and staff
✔ Covers unexpected expenses without stress
✔ Flexible, revolving credit that can be reused
✔ Improves financial stability and business confidence
✔ Enables businesses to seize opportunities
✔ No need to draw down on a full loan or take on long-term debt

Complete our quick form or give us a call to find out more about business overdraft options, and get flexible access to extra funds when you need them to manage day-to-day expenses.