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Business Overdraft

Manage your short-term cash flow, unexpected expenses, or simply have access to extra credit when you need it.

Why choose a Business Overdraft?

A Suncorp Business Overdraft allows you to have access to an approved amount of credit when all of the funds in your linked transaction account are exhausted. Suitable for small or large businesses, it’s an ideal facility to help manage seasonal cash flow fluctuations, the purchase of new stock, or to finance short-term working capital.  Interest is only charged on the portion of the overdraft that is used and with no set principal repayments. You can minimise your repayments until your cash flow allows you to start repaying the balance. We offer both secured and unsecured overdrafts.

Key features

  • Interest rate type: Variable
  • Repayment type: Interest is charged on the portion of the overdraft that is used, no set principal repayments
  • Term: Ongoing limit, no fixed term
  • Security: Secured and unsecured options available.

Considering a Business Overdraft and want to save on fees?

The Business Ready Package is designed to help customers combining a Business Overdraft with other Suncorp business loans to reduce their ongoing facility fees.

The package combines a Business Premium Transaction Account with an overdraft facility and up to three business loans. 

A single quarterly service fee covers all loan facilities included in the package and provides a rebate on eligible loan account-keeping fees, the overdraft quarterly service fee and establishment fees on initial qualifying loans.

Please call us on 13 11 55 for more information.

Lending Fees and Charges

For more details about lending fees and charges download the relevant document.
Small Business
Commercial Business
Agribusiness

Ready to apply?

Secured Overdraft

Unsecured Overdraft

Please download and complete the Unsecured Overdraft Application Form and deliver it to your nearest branch for assessment.

Or call us on 13 11 55 or visit your nearest branch

Business Lending Products are issued by Suncorp-Metway Ltd ABN 66 010 831 722 Australian Credit Licence number 229882 (“Suncorp Bank”). To approved applicants only. Fees, charges, terms and conditions apply and are available on request. Citigroup Pty Limited ABN 88 004 325 080, AFSL No. 238098, Australian Credit Licence 238098 (“Citigroup”) is the credit provider and issuer of Suncorp Clear Options Business Credit Cards. Suncorp Bank promotes and distributes Suncorp Clear Options Business Credit Cards on Citigroup’s behalf under an agreement with Citigroup. Suncorp Bank will not guarantee or otherwise support Citigroup’s obligations under the contracts or agreements connected with the Credit Cards (other than those relating to Suncorp Bank internet banking and telephone banking).