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An overdraft facility allows you access to cash through a line of credit even when the your bank account is fully drawn. A business overdraft offers immediate flexibility for your business to fulfil temporary cash flow needs. The overdraft facility can help your business meet unforeseen expenses, tender for larger jobs and negotiate improved terms and discounts with suppliers. Business overdraft features can be very flexible but usually include secured and unsecured finance options, no fixed term and multiple repayment options.
To learn more about how overdrafts can help your business, contact a BusinessFinance.com.au consultant today.Contact Us