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An arranged business overdraft can provide short-term flexible finance to help cover cashflow shortages. |
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Contact us
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Contact us now |
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business manager |
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phone 0800 177 188
(Monday to Friday,
8am to 6pm) |
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| Once your business overdraft is arranged you can |
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conveniently access your overdraft funds by cheque, phone banking, Business Online banking or at your local branch |
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manage the borrowing as it suits you - there are no minimum or fixed monthly repayments |
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apply for a temporary overdraft extension. |
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| How it works |
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an overdraft facility can be arranged on your primary transaction account |
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security may be required, and can include residential property, commercial property or business assets |
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we can set up your overdraft facility limit to reduce over time by a set amount on an agreed regular cycle |
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minimum limit - $500 |
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maximum limit - will be determined by your ability to meet credit and debt-servicing criteria |
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your overdraft will be set up subject to an annual or periodic review. |
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| Interest is |
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calculated daily on any overdraft funds used |
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charged monthly (on last business day). |
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| Normal transaction fees will apply for your account. An establishment fee applies and some other services fees, including overdrawn or line of credit charges, may apply from time to time. |
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