When cash flow is tight or opportunities arise unexpectedly, a Business Overdraft gives you the flexibility to access funds exactly when you need them—without the hassle of lengthy applications or high fixed repayments.
✔ Up to $1 Million
✔ Fast online approval
✔ Only pay interest on what you use
Why Choose a Business Overdraft?
Manage Your Cash Flow with Confidence
Link your overdraft facility directly to your business transaction account and transfer funds instantly—anytime, anywhere.
Pay Only for What You Use
You’ll only pay interest on the amount you draw down, not your full overdraft limit.
Access Anywhere, Anytime
Enjoy 24/7 access to your account through Shift Online, making it easy to stay on top of your finances.
Seamless Onboarding
Register online in minutes, with most accounts approved within hours—no paperwork required for limits under $500,000.
Product Features
Facility Type: Revolving Business Overdraft
Repayments: Weekly or Monthly (up to 5 years)
Limits: $10,000 to $1,000,000
Annual Variable Interest Rate: 14.95% – 23.95%
Fees: No establishment fee; $495–$795 annual fee depending on limit
Early Repayment: No penalties for early repayment or extra repayments
How It Works
Apply Online: Register and link your business bank account.
Limit Assessed: Your financial position determines your limit.
Under $500k? Instant approval using bank feeds.
$500k+? Assessment based on financials.
Access Funds: Once your facility is approved and signed, transfer funds to your linked business account instantly.
Frequently Asked Questions
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Limits are tailored to your business performance. We assess your financial position through your bank account data or submitted financials for larger facilities.
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For facilities under $500k, approval is typically within hours. Larger limits may take longer but are assessed quickly by our team.
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You’ll pay an annual variable interest rate (14.95% – 23.95%) and an annual fee of either $495 or $795. There are no charges for early repayment.
Ready to Get Started?
Experience fast, flexible finance—built for real Australian businesses.
Request a call today or apply online to secure your facility.