Business Banking / Business Loans / Business Overdraft

Business Overdraft

The Business Overdraft is flexible and convenient providing access to funds to help cover your cash flow fluctuations and shortfalls.


  • Revolving line of credit available for daily cash flow requirements   
  • Funds available at call or whenever required
  • Minimum overdraft amount $5,000
  • Variable interest rate
  • Interest applies to debit balance of your account. Pay interest on only what you use
  • Ability to make additional or bulk repayments without penalty

Where to apply?

You can you can speak to a Relationship Officer or a Relationship Manager at your local BSP Branch.

How to apply

Download the Business Finance Request form or you can obtain a copy from your local branch.

What do I need to bring with me?

  • Completed application form
  • Last two to three years financial statements (including profit & loss and balance sheets)
  • Tax returns and evidence tax position is up to date
  • Business plan and cash flow forecasts (particularly for a start-up or expansion)
  • Evidence of any equity contribution (account statement, copy of lease) 
  • Copy of valid identification (including passport, driver's licence, birth certificate)
  • Copy of company registration

You must also be aware of:

  1. Business loan interest rates

Need help choosing an account?

Speak with someone from BSP today