OVERDRAFT

An overdraft is a line of credit with your bank / finance provider, which allows you to make flexible payments so that you can pay off the entire debt as and when you have funds available. An overdraft generally attracts higher interest rates especially if exceeding the overdraft limit, and may limit other borrowings. It is seen as more of a short-term option and can assist with working capital shortfalls i.e. payment of supplies/goods pending collection of monies possibly from accounts that were provided on terms.

Benefits include:

  • Allows flexibility depending on your business requirements

* We recommend professional advice be sought from your accountant, before proceeding with any finance arrangement.

 

We provide finance solutions Australia wide and have helped thousands of people like you realise their dream purchases.  We look forward to helping you realise yours.

For obligation free advice contact us on 02  6332 2600 or fill in the form below

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: