Business Overdraft
Facility
A business overdraft sits on your transaction account as a standing buffer for the weeks when money is going out faster than it's coming in, and Dark Horse Financial arranges these facilities through a panel of bank and non-bank lenders (we're the broker, not the lender). Draw down and repay as your cash flow moves and you only pay interest on what you've actually used.
Quick Enquiry
Get a free, obligation-free assessment. Usually responds within 2 hours.
How to Apply for an Overdraft Facility
Putting an overdraft facility in place takes three steps and most of the legwork sits with us, not you.
Contact Our Team
Fill out our online form or give us a call and one of our specialists will be in touch quickly to understand where your cash flow is at and recommend the right overdraft facility.
Contact Us →Submit Your Application
We handle the application from start to finish and run it across our lender panel at the same time; some lenders can approve an unsecured overdraft in 24–48 hours on a low-doc application.
Start Application →Get Funded
Documents are signed electronically once you're approved, so settlement moves fast and your overdraft is ready to use the day it settles.
Get Funded →Rated by Our Clients on Google
Business Overdraft Facility
A business overdraft is a revolving line of credit attached to your business transaction account, and you're charged interest only on what you actually draw, not the full approved limit. Most are unsecured up to a threshold that depends on the lender: banks can offer unsecured overdrafts well above $1 million, while non-bank lenders cap out lower (some go to $500,000), with security sometimes needed for larger limits. Once the balance is repaid, the same limit can be redrawn as often as you need.
What Can a Business Overdraft Be Used For?
An overdraft facility is made for the short-term timing gaps in your cash flow rather than big one-off spends, so it usually gets used for:
Covering payroll when wages fall due before customer payments land
Bridging supplier payment cycles
Managing seasonal cash flow dips through the quieter months
Covering short-notice operating expenses
Smoothing the gap between sending an invoice and actually getting paid
Supporting cash flow when ATO payment plan instalments and BAS fall due at the same time
Business Overdraft vs Business Line of Credit
The two get mixed up a lot and they do overlap, since both let you draw, repay and redraw, but an overdraft facility is set up differently and it suits a different job.
Business Overdraft
Attached to and operating through your existing business transaction account, it's typically the fastest and simplest revolving facility to set up. Best for smaller, short-term gaps tied to your everyday banking.
Business Line of Credit
A broader, standalone revolving facility that's available secured or unsecured and generally supports higher limits. Best for larger or more flexible revolving needs. Business line of credit →
Who Is a Business Overdraft Suitable For?
A business overdraft tends to suit you when:
- You're waiting 30, 60 or 90 days on invoices and need to cover costs in the meantime
- You'd rather have a standing safety net ready to go than take out a one-off lump sum
- You already run a business transaction account and want a quick add-on facility
- Your cash flow is predictable but the timing is uneven, the money comes in, just not always when the bills do
- You trade seasonally and need to get through the quiet months without cutting back
- Your bank has said no, but your trading record is solid
Am I Eligible for an Overdraft Facility?
Lenders assessing an overdraft facility will generally want to see:
- An active ABN and a trading business
- An operating business transaction account
- Consistent trading cash flow
- Turnover broadly between $250K and $150M
- A credit score of around 550 or higher
- Around 12 months' trading, though newer businesses may still have options
Not Sure if You Qualify?
Tell us a bit about your business and we'll let you know which lenders are likely to be a fit.
Quick Enquiry →Business Overdraft Success Story
$300K Unsecured Business Overdraft to Support a Manufacturer's Growth
Challenge: A food manufacturer supplying major supermarket chains was expanding into a new state and setting up regional hubs, which put real pressure on BAS, payroll and operating costs, and their bank wouldn't fund it until the expansion was finished.
Solution: We assessed the manufacturing cash flow cycle and positioned an unsecured business overdraft as the right fit; the application went in on a Thursday and funding was secured on the Friday.
Outcome: Cash flow pressure resolved, without slowing growth.
Why Choose Dark Horse Financial for a Business Overdraft?
Your own bank gives you one overdraft offer, take it or leave it, whereas we put one application in front of 100+ lenders.
Broad Lender Access
Banks, non-bank lenders and private financiers, all compared from a single application.
Credit-Licensed Broker
We manage the whole process end to end, from the first conversation right through to settlement.
Fast Turnaround
Indicative approval in 24–48 hours on straightforward unsecured overdraft applications.
Licensed & Backed
A Credit Representative of Buyers Choice Licencing, part of the Money Quest Group's 600+ broker network.
Proven Results
Trusted by Australian businesses since 2013.
No-Obligation Assessment
A free initial assessment, and no obligation to go ahead.
Frequently Asked Questions
Common questions about business overdrafts, answered directly.