Business Overdraft Facilities for Flexible Working Capital.
A business overdraft gives you access to a credit limit you can draw down and repay as your cash flow requires. We compare overdraft lenders to find the right facility for your business.
Revolving credit facilities. Fast assessment.
Business Overdraft: Broker vs Going Direct
Broker vs bank,
a real comparison
Revolving credit flexibility
Draw down what you need, repay it, and draw again. No need to reapply for each funding requirement.
Interest on what you use
Most overdraft facilities charge interest only on the amount drawn, not the full limit.
Cash flow aligned
We help you size the limit to your actual cash flow needs rather than taking on more credit than necessary.
Secured and unsecured options
We compare secured business overdrafts and unsecured revolving facilities depending on your position.
The process
How a Business Overdraft Works
Tell us about your cash flow needs
Share details about your business cash flow patterns and what limit would be useful.
We compare the market
We search lenders for overdraft and revolving credit facilities suited to your business type.
Review your options
We present facility options with limits, rates and terms set out plainly.
Draw down as needed
Once approved, your facility is available whenever you need to draw on it.
Business overdrafts, explained plainly.
Step 1 of 5
Understand business overdrafts
An overdraft sits behind your transaction account as an agreed limit you can draw on when the balance runs down, rather than arriving as a lump sum.
Interest applies to what you have actually drawn, not to the limit itself, which is what makes it a buffer rather than a loan you carry.
The facility stays available as you repay into it, so the same limit can be used repeatedly across a year of trading.
Why choose a business overdraft
Quiet weeks and slow-paying invoices stop being emergencies when there is a buffer already in place behind the account.
Because you draw only what you need, what you pay follows what you actually use rather than a fixed schedule set on the day the facility opened.
It also removes the scramble. Arranging funding while under pressure is a far worse position than having the limit agreed in advance.
Deciding if a business overdraft fits
An overdraft answers a timing problem. If income and outgoings simply arrive out of step, it is usually the right shape of facility.
If the money funds a defined purchase or a one-off project, a term loan with a set repayment schedule is generally the better structure.
Businesses with seasonal patterns tend to get the most from an overdraft, since the limit sits unused for much of the year.
How to apply for a business overdraft
You'll need your ABN, the trading history and recent business bank statements, which show the pattern the facility is meant to smooth.
Be ready to explain the cycle you are managing. A lender sizing a limit wants to understand when the gaps occur and how long they last.
Your broker compares lenders in a single enquiry and matches the facility to how the business actually trades.
Tips for business overdrafts
Size the limit against the gap you are covering rather than the largest figure on offer, so the facility stays a buffer instead of becoming a habit.
Watch how long the balance sits drawn. An overdraft that never returns to zero is a sign the business needs a different structure.
Review the limit as the business changes. What suited last year's turnover may be either restrictive or unnecessarily large now.
Business overdrafts at a glance
- The limit sits behind your transaction account and is drawn only as needed
- Interest applies to the drawn balance rather than to the full limit
- The facility becomes available again as you repay into it
- Suited to timing gaps and seasonal patterns rather than one-off purchases
- Lenders compared in a single enquiry, with same day pre-approval possible
Business Overdraft Finance for Cash Flow Management
Revenue is rarely smooth. A business overdraft gives you flexibility to manage gaps between expenses and income without disrupting operations.
Get my quoteA Panel of Lenders
We compare business lenders across our full panel to find the right structure for your operational or growth funding needs.
Fast Assessment
Business loan applications assessed quickly. We aim for pre-approval the same day for straightforward applications.
Multiple Loan Types
Business term loans, overdrafts, lines of credit and capital raise options compared across the panel.
Self-Employed Friendly
We work with lenders who understand business income and assess applications with appropriate flexibility.
Clear Before You Commit
We set out the structure and terms clearly before you agree to anything, so there are no surprises later.
Broker Managed
From enquiry through to settlement, we manage lender communication and application paperwork.
Business Loan Repayment Calculator
Estimate your repayments. Adjust the sliders to match your situation.
Monthly repayment
$1,613
per month
Weekly
$372
Total repayment
$58,081
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteMore Business Finance Options
Match the facility
to the cash flow.
A term loan, an overdraft and a capital raise solve different problems, and choosing the wrong one costs more than choosing the wrong lender. Your broker starts with the shape of the need.
Business Lending Guides
Written by a licensed broker for Australian businesses.
Who we help
Who Uses Business Overdraft Facilities?
Seasonal Businesses
Managing revenue gaps between busy and slow periods with a flexible credit facility.
Stock-Dependent Businesses
Retailers and distributors managing inventory purchase timing and payment cycles.
Project-Based Businesses
Construction and contracting businesses managing gap between project milestones and invoice payments.
Professional Services
Firms managing debtor payment timing and operational expenses.
Cashflow Managers
Any business needing flexible credit to smooth out the normal variability of business cash flow.
Australian registered business
ABN registered (brand new to established, lender-dependent)
Demonstrable business income and cash flow
Acceptable business credit history
Business bank statements available for assessment