A Suncorp Bank Business Overdraft allows you to have access to an approved amount of credit when all of the funds in your linked transaction account are exhausted.
Suitable for small or large businesses, it’s an ideal facility to help manage seasonal cash flow fluctuations, the purchase of new stock, or to finance short-term working capital.
Interest is only charged on the portion of the overdraft that is used and with no set principal repayments. You can minimise your repayments until your cash flow allows you to start repaying the balance. We offer both secured and unsecured overdrafts.
Learn more about Suncorp Bank Business Overdrafts.
A Term Loan provides borrowers with funding to help acquire long-term assets, meet working capital requirements and assist with business expansion over a specified loan term. Borrowers agree to make regular payments based on either a fixed or variable interest rate over a specified loan term
Learn more about our Business Term Loan options.