Commercial overdraft
Sometimes your operating cash levels are affected by industry seasons or just simple project flow. An overdraft allows you to manage these times without compromising your business capacity or relationships. You will benefit from:
- borrow up to 70% of a commercial property valuation or up to 80% of residential property valuation. All commercial overdrafts must be secured by real estate. If you have an existing CUA home loan, you could save on costs here if you are using the same property as security for your overdraft
- flexible repayment structure
- no monthly account keeping fees
