Business Overdraft

Jade Finance provides Business Overdraft as part of our portfolio of commercial finance products. Business overdraft is one of the most commonly used forms of finance and many companies have utilised this facility from their bank at some stage, or do so on an ongoing basis.

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Businesses approach an overdraft as a convenient way to maintain cash flow especially if they have a slow-paying customers. For others it’s a necessary support to balance the books, fund essential investment for expansion or to meet weekly expenses during growth phases.

While most business owners are very familiar with overdraft facilities what they are not so familiar with is that lenders other than their bank, do provide overdraft solutions. You’ve no doubt always approached your bank for an overdraft. As an alternative contact Jade Finance and discuss the possibilities with one our consultants.

The Jade Finance Business Overdraft service is provided to assist businesses that face cash flow management issues, struggle to remain liquid at certain times which prevents them capitalising on opportunities, and/or require financial support to deal with unexpected events.

Boost Your Cash Flow Management with Jade Finance's Business Overdraft Solution

Instead of using your traditional transaction bank, the Jade service negotiates with non-bank lenders to facilitate an overdraft for your business. This is a specialist lending area and the lenders that are active in the space are not usually well-known or available directly to customers. This is essentially industry-only access and Jade Finance can make it accessible to you.

In the same way we approach other commercial finance applications, your Jade Finance consultant will discuss your specific requirements and get a thorough understanding of your business. With expertise across all areas of finance, we structure an overdraft solution that meets those requirements. The solution may be lender finance only or a combination of a financial product in conjunction with lender finance.

Interest is charged by the lender on the funds you draw against and your Jade consultant will negotiate the best rate on your behalf. One key benefit of Business Overdraft is that most lenders don’t usually require security in the form of property against the funds.

Another alternative to having Jade Finance source you a non-bank Business Overdraft is to engage an expert Jade consultant to negotiate a better interest rate on your overdraft with your existing bank. It’s an astute move to investigate all your options in regard to your business finance and Jade Finance are the right people to outline all available options for you.

Speak with a Jade Finance Consultant to discuss your Business Overdraft requirements. Call 1300 000 008.

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*The purpose of the interest rate comparison table is to provide a guide only and for comparing the interest rates on different commercial loan products. Quoted repayments are based on advertised rates and do not include lender fees and charges. An offer made to you by a lender may be at a different interest rate and have a different repayment. Using this device is not an application, any indication of an offer, and is not a loan approval.

DISCLAIMER: This comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for business finance or any indication that an application has been received or approved. The rates quoted are for business use where the funds are predominately for business use and may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.

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