An ANZ Business Overdraft provides your business with flexible credit for your daily cash flow needs. Your overdraft is linked to your business transaction account.
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Features
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- Revolving credit to draw against as required
- Credit limit to suit your working capital requirements
- Interest charged only on the credit you use
- No fixed or minimum repayments
- Various types of security considered^
- Short-term extensions available^
- Integrates with your accounting software - including MYOB and Xero.
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| Access |
24/7 access for easy money management
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| Interest rates |
Interest is calculated daily on the outstanding amount only.
Various interest rates apply. |
| Overdraft application fee |
A minimum amount of either $75 or 1% of the approved credit limit or increase, whichever is greater. |
| Monthly overdraft management fee |
0.12% (min $5)
(Calculated as a percentage of the agreed overdraft limit or overdrawn balance, whichever is greater) |
Service charges when a specific service is used.
ANZ lending criteria and fees apply to ANZ Business Overdraft.
^Eligibility, lending criteria, terms, conditions and fees apply.
Get in touch with an ANZ Business Specialist today.
