Business Overdrafts

Newcastle Permanent offers a very competitive Business Overdraft, which is a Line of Credit attached to the Business Cheque Account.

The Business Overdraft is available against residential or commercial security and offers:

  • Internet banking.
  • Interest payable on credit balances.
  • Flexible borrowing to assist in the operation of your business with no fixed repayment structure.
  • Variable interest rate.
  • No ongoing administration charges (where overdraft is $20,000 or greater).

For more information on a Business Overdraft simply submit an online Business Solutions enquiry, call us on 13 19 87, or visit any of our branches to make an appointment with our Business Solutions team.

Here's some more information for you:
Applications for finance are subject to Newcastle Permanent's normal credit approval process. Full terms and conditions will be included with our loan offer. Fees and charges are payable.
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