Business Overdraft

Manage your cash flow

Seamlessly links to your business transaction account so you can transfer funds anytime, anywhere.

Business Overdraft benefits

Register online to open an account and access up to $1 million.

You’ll only ever pay interest on what you spend, not on the overdraft limit.

Access your account anytime, anywhere with Shift Online.

The Business Overdraft is a flexible way to access finance for any business purpose when you need it.

Register online to open an account

Step 1

We’ll contact you to finalise and set your account limit

Step 1

Transfer funds from your Business Overdraft to your linked business transaction account

Step 1

How do you set my account limit?

Account limits range from $10,000 to $2 million. Your account limit is tailored to your financial position, which is assessed based on the linking of your bank account data. For accounts from $500k and above, the account limit is assessed based on financials.
How soon can I access my Business Overdraft?

Limits under $500,000 can be approved within hours, with no paperwork. Once you sign your Facility Agreement, you can transfer funds from your Business Overdraft to your linked business transaction account.
What does a Shift Business Overdraft cost?

You’ll pay a 14.95% - 24.95% annual variable percentage rate. There is a $495 or $795 annual fee depending on the account limit. Pay out your Business Overdraft, or make extra repayments whenever you want, at no cost.