Business Overdrafts Made Simple
Flexible cash flow support - only pay for what you use.
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Only pay interest on what you use
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No property security required
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Fast approvals-often within 48 hours
What You Get with a Business Overdraft
Compare credit limits, repayment structure, and how funds are used-so you can decide if an overdraft is the right safety net for your business.
| Feature | Business Overdraft |
|---|---|
| Credit Limit | $10,000 to $1,000,000 |
| Facility Term | Up to 60 months |
| Repayments |
Weekly repayments based on drawn amount, amortised over the remaining facility term. Interest is calculated daily on the outstanding balance only-no interest if unused. |
| Security |
Director guarantee required. No property security required. |
| Use of Funds | Emergency expenses, short-term cash gaps, supplier payments, wages, rent, or tax |
| Best for | Businesses needing a fast-access cash buffer for unexpected costs or timing mismatches |
Credit Limit
Facility Term
Repayments
Security
Use of Funds
Best for
Go beyond the basics
Discover how Australian businesses use overdrafts to stay on top of cash flow, cover urgent costs, and keep operations moving without disruption.
Unexpected Expenses
React fast when something breaks.
Whether it’s equipment repairs or an urgent supplier bill, your overdraft gives you instant cash on standby-no need to reapply or delay.
When our freezer broke mid-summer, the overdraft let us replace it the same day – no loan applications, no lost stock. It saved our season and our reputation.
Melissa Kwan
Owner, Gelato Store
Income vs Expense Gaps
Bridge timing gaps with ease.
Use your overdraft to manage situations where money’s going out before it’s coming in-from payroll to rent and recurring costs.
We invoice monthly but pay our team weekly – the overdraft bridges that timing gap perfectly. It keeps everyone paid and operations humming without a cash crunch.
Darren Koenig
Managing Director, Electrical Services
Financial Safety Net
Sleep easier with a buffer in place.
An overdraft gives you peace of mind-funds are always ready when you need them, even if you don’t draw a cent for months.
Having an overdraft meant I could keep my staff paid and the doors open, even when client payments came in late. It gave me room to breathe instead of panic.
Rosa Jimenez
Founder, Tech Company
Eligibility Requirements
To access a business overdraft through Funding Loop, your business must meet these basic criteria.
Monthly revenue over A$10k
Provide proof of your monthly revenue with bank statements.
Trading for 12+ months
Your business must have been legally registered and actively trading for at least twelve months.
Be in our approved industry
We do not support businesses in restricted sectors like firearms, adult, drugs, etc.
Ready to Apply?
No hidden steps. No endless paperwork. Just fast, simple, and transparent financing.
1
Share your business details
Tell us a bit about your business and funding needs. We’ll securely collect your recent bank statements – it only takes 2 minutes.
2
Quick review & verification
We’ll review your application and get in touch to confirm a few details. If you’re good to go, we’ll request your ID (like a driver’s licence and proof of address).
3
Approval & funding
Once approved, the funds are transferred directly into your business account – ready to use for growth, cash-flow, or anything else your business needs.
Frequently asked questions
What documents or business information do I need to apply?
To assess your application, we typically request your ABN, recent bank statements, and a summary of your business trading activity. Depending on the product or lender, additional documents may be required.
Can I apply if my business is new or has limited trading history?
Yes – some lenders offer options for newer businesses. In most cases, you’ll need at least 6 months of trading history, but we’ll review your situation and match you with the most suitable lenders.
Can I apply for more than one type of finance at the same time?
Yes – many businesses apply for multiple products depending on their needs. You can explore options such as equipment finance, term loans, and credit lines, and we’ll help you compare them side-by-side.
To begin, we’ll present you with indicative offers based on the information you provide. This allows you to compare your options upfront without any credit checks or impact on your credit score.
We typically don’t submit a formal application right away, as that would involve a credit enquiry. Our approach ensures you can review your options first before proceeding with any formal applications.
To begin, we’ll present you with indicative offers based on the information you provide. This allows you to compare your options upfront without any credit checks or impact on your credit score.
We typically don’t submit a formal application right away, as that would involve a credit enquiry. Our approach ensures you can review your options first before proceeding with any formal applications.
Who are your lending partners, and how do you choose them?
We work with a carefully selected panel of Australian and international lenders. Our partners are assessed based on their product range, approval speed, service quality, and competitive pricing to ensure we match you with trusted providers.
