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Business Overdraft

BB Overdraft product detail banner

Ideal as a short-term credit facility, you can access funds whenever you need it and only pay interest on the outstanding balance.

Some of the benefits

24/7 Access

Access funds whenever you need it from a Business Overdraft that is linked to your current account

Affordable repayments

Only pay interest on the amount of credit you’ve used during the month

Apply online

Get quick access to working capital by applying online via Internet Banking

No fuss

Avoid minimum monthly repayments with full settlement as money enters your account
What you get
  • Apply for a Business Overdraft as a quick cashflow management tool for your business
  • Withdraw funds straight from your Business Current Account
  • Get fast access to additional funds in between payments and collections in case of unforeseen circumstances
  • A short-term lending solution that’s available whenever you need it
     

See  T&Cs  for Business Lending Juristic in NCA
See  T&Cs  for Business Lending Juristic outside NCA
See  T&Cs  for Business Lending Natural In NCA

How it works
  • You need a Standard Bank Business Current Account to qualify for a Business Overdraft
  • Overdraft limits are based on your needs and affordability
  • You can withdraw funds straight from your account and only pay interest on the balance used
  • The Overdraft will be repaid as money enters your account
  • Your Overdraft is payable on demand and reviewed every year
What it costs
  • No minimum monthly repayments are necessary
  • You only pay interest on the amount you’ve used during the month
  • Monthly service fee: R69
  • Once-off initiation fee: 1.26% of your approved limit
  • Personalised interest rate

See 2020 pricing guide
See 2021 pricing guide

How to get it

If you already have a Business Current Account and would like to apply for a Business Revolving Loan, you can simply:

  • What you get
  • How it works
  • What it costs
  • How to get it
  • Apply for a Business Overdraft as a quick cashflow management tool for your business
  • Withdraw funds straight from your Business Current Account
  • Get fast access to additional funds in between payments and collections in case of unforeseen circumstances
  • A short-term lending solution that’s available whenever you need it
     

See  T&Cs  for Business Lending Juristic in NCA
See  T&Cs  for Business Lending Juristic outside NCA
See  T&Cs  for Business Lending Natural In NCA

  • You need a Standard Bank Business Current Account to qualify for a Business Overdraft
  • Overdraft limits are based on your needs and affordability
  • You can withdraw funds straight from your account and only pay interest on the balance used
  • The Overdraft will be repaid as money enters your account
  • Your Overdraft is payable on demand and reviewed every year
  • No minimum monthly repayments are necessary
  • You only pay interest on the amount you’ve used during the month
  • Monthly service fee: R69
  • Once-off initiation fee: 1.26% of your approved limit
  • Personalised interest rate

See 2020 pricing guide
See 2021 pricing guide

If you already have a Business Current Account and would like to apply for a Business Revolving Loan, you can simply:

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