NAB Business Overdraft

Multiple purpose business finance and transactional banking. With NAB Business Overdraft facility you will have access to funds, up to the agreed limit, readily available to assist your business when the need arises.

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Benefits
  • Flexibility – this facility is designed with the changing needs of your business in mind. It enables you to easily access funds up to your approved limit whenever it suits your needs.
  • Convenience – working capital and transactional needs
    are met through one consolidated facility.
  • Efficiency – manage your account efficiently utilising
    electronic options to track cash flow in and out of your account.
  • Accessibility – your facility can be accessed via NAB Connect (internet banking for business), NAB Internet Banking, NAB Telephone Banking, cheque, ATMs, EFTPOS, BPAY®, Australia Post giroPost and via one of the largest branch networks in the country.
Features
  • Provides a simple solution to your fluctuating cash flows by incorporating a flexible credit solution and transaction account into one facility.
  • Helps you to manage your day-to-day business expenses, with the ability to draw up to the approved facility limit when your business requires funds.
  • No set regular repayments required. You can make payments into your facility as and when you like, and then redraw those amounts later when you need them up to
    your approved limit.
  • Easy access to account balances, account history etc available 24 hours a day, 7 days per week via our electronic channels1.
  • Personalised cheque and deposit books.
  • Multiple cheque books are also available to make tracking different categories of expenses easier.

Facility must be linked to a NAB business transaction account and is repayable on demand.  Lending criteria apply.  Terms and conditions available on application.  Fees and charges apply.

1 Subject to the terms and conditions for that channel
® Registered to BPAY Ltd 69 079 137 518

 

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