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 and the application process, visit any of our branches or call 13 19 87 to talk to 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.