Flexible Business Overdraft Options Australia-Wide

Business Overdraft - Flexible Financial Support for Your Business Growth

A Business Overdraft from Unitree Finance is designed to help businesses access additional funds when needed, maintaining cash flow without disrupting operations. It provides a revolving line of credit through your business transaction account, allowing you to draw and repay funds as needed, with interest only charged on what you use. This versatile financial solution ensures your business remains agile and can respond to both planned and unexpected expenses.

Key Features & Benefits of Business Overdraft

1. Flexible Access to Funds
   Enjoy ongoing access to extra capital, helping to cover any shortfalls in cash flow. The overdraft facility allows you to withdraw more than your available balance in your business account, giving you a financial cushion when needed.
2. Interest Only on Utilised Amount
   Unlike traditional loans, with a business overdraft, you only pay interest on the amount you use. This helps manage expenses more efficiently as the interest is calculated based on the daily outstanding balance.
3. Secured & Unsecured Options
   Choose between secured overdraft options (with collateral such as property or business assets) or unsecured options for up to $250,000, perfect for businesses without physical assets to offer as security.
4. No Set Repayment Terms
   The overdraft facility offers flexibility in repayments—repay at your convenience without fixed instalment schedules, provided you stay within the approved limit. This allows for adaptable cash flow management aligned with your business revenue.
5. Convenient Access Anytime
   Link your overdraft to a Unitree Finance business account for seamless access. You can withdraw funds through online banking, ATMs, or business debit cards, ensuring you have cash on hand whenever needed.
   

When Should You Use a Business Overdraft?

A business overdraft is ideal for businesses facing temporary cash flow issues or seasonal fluctuations. You can utilize it for:

• Covering Payroll: Ensure your employees are paid on time, even when waiting for outstanding invoices to clear.
• Purchasing Stock: Replenish inventory during peak seasons without waiting for customer payments.
• Paying Suppliers: Maintain strong supplier relationships by ensuring timely payments.
• Unexpected Expenses: Handle emergency costs or business expenses without depleting your reserves.
  

Business Overdraft Eligibility Requirements

To apply for a business overdraft, your business must meet the following criteria:

• Operational for Over 12 Months: The business should have been actively trading for at least one year.
• Minimum Monthly Turnover: You must demonstrate a monthly turnover of at least $10,000.
• GST Registered: Your business needs to be registered for Goods and Services Tax (GST).
  

Applying for a Business Overdraft

At Unitree Finance, applying for a business overdraft is straightforward:

1. Choose the Right Option
   Explore secured or unsecured overdraft options based on your financial needs.
2. Submit Your Application
   Provide required documents, such as financial statements, bank records, and proof of income, to support your application.
3. Sign the Agreement
   Once approved, you'll receive the loan documents for signing. Return them to complete the process.
4. Access Your Funds
   After final approval, the overdraft facility will be linked to your business account, allowing you to withdraw and manage funds anytime.
   

Why Choose Unitree Finance for Your Business Overdraft?

Tailored Solutions

Unitree Finance takes the time to understand your business's unique financial needs and offers overdraft solutions that are tailored to help you achieve your goals.

Fast, Hassle-Free Application

Our streamlined process ensures fast approvals, so you can access the funds you need without delay.

Expert Support

Speak to one of our business banking experts to receive personalized advice and guidance on how best to manage your overdraft facility.

Ready to Boost Your Cash Flow?

A business overdraft from Unitree Finance offers your business the flexibility to manage cash flow more effectively, ensuring smooth operations and financial growth. Whether you're looking to cover short-term expenses or maintain a buffer for unexpected costs, our overdraft solution can help.

Contact us today to learn more or start your application. Let Unitree Finance be your trusted partner in business growth.