Business Loans & finance

Unsecured Business Overdraft

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

Business Loans & finance

Unsecured Business Overdraft

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

Flexible terms

Variable interest rate with no set term and ongoing limit.

Repayment type

Interest charged on the portion of the overdraft that is used, no principal payments.

Security options

No security required. 

Rates and fees

1

$250

Establishment fee

$75

On-going Quarterly Service Fee

View our secured overdraft options

Please download our Business Lending Fees & Charges document for more details.

Rates and fees

1

$250

Establishment fee

$75

On-going Quarterly Service Fee

View our secured overdraft options

Please download our Business Lending Fees & Charges document for more details.

Eligibility

For limits up to $10,000

  • You must own a business and have a registered ABN
  • You must be able to prove 'satisfactory conduct' on all bank accounts over the last 6 months for all existing Suncorp Bank accounts and loans for the business and principals (for example):
  1. all loans/accounts are currently in order
  2. there was no more than one late payment (30 days or more past due)
  3. the facility was not outside approved arrangements, (including any approved temporary excess) for 7 days or greater more than once.
  4. no penalty interest or late fees have been charged (unless in relation to b and c above)
  5. no evidence of dishonours or returned payments
  • If you are new to Suncorp Bank, copies of your last 6 months of bank statements for business and personal accounts held at another bank need to be provided with your application
  • You will need to provide a fully documented application which is subject to credit approval

For limits up to $25,000

All the previous eligibility, plus:

  • Businesses that have been established and registered for GST ≥ 1 year

For limits up to $50,000

All the previous eligibility, plus:

  • Businesses that have been established and registered for GST ≥ 2 years

Please note that the application is subject to further criteria, supporting documents and credit approval.

Eligibility

Please note that the application is subject to further criteria, supporting documents and credit approval.

Apply now

Call us

Speak to a business specialist

  • Monday - Friday , 8am - 5.30pm AEST
Call 13 11 75
Visit us

Complete the Unsecured Business Overdraft Application & deliver it to your nearest branch for assessment

Find a branch

It may be necessary to vary the terms of your product to convert it to a different replacement product. This means you may end up with a product that has different terms and features from those you initially applied for. In any event, Suncorp Bank will give you more information about these changes before they take effect. You may also wish to consider applying for other products instead. If you have any questions, please contact us on 13 11 75.

Home Loan, Personal and Business Banking products are issued by Suncorp Bank (Norfina Limited ABN 66 010 831 722 AFSL No 229882 Australian Credit Licence 229882) to approved applicants only. Eligibility criteria, conditions, fees and charges apply and are available on request. Please read the relevant Product Information Document and terms and conditions before making any decisions about whether to acquire a product.

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