Dip into your overdraft when you need extra capital

Get a financial buffer to smooth out fluctuations in your company's liquidity. An overdraft facility allows you to borrow money up to an agreed credit limit. When you have the opportunity again, you pay into the credit to bring it towards zero.

  • Get extra financial flexibility – for times when your business needs it
  • Suitable for all types of businesses – new and established businesses in all industries

How an overdraft facility works

  • The overdraft is linked to your corporate account.
  • You spend the credit when needed, and pay into it to bring it towards zero when you have the opportunity.
  • You pay a variable interest rate for the part of the overdraft you draw.
  • You pay an annual fee to have the credit available.

How to get an overdraft facility

  1. Identify your needs

  2. Prepare financial documents

  3. Apply online

  4. Talk with our expert

Frequently asled questions about overdraft facility