An Overdraft Facility you can control.
We approve an overdraft limit based on your application and any time you require some cash simply upload a copy of a ‘transaction asset’ and draw down. Transaction Assets are new or existing exclusive listing or contracts of sale etc.
It is a business loan therefore the application is more comprehensive. Register and apply via the portal. One of our senior underwriters will manage your application.
It’s a unique overdraft facility where drawdowns are tethered to contracts like sales and listing agreement. This makes it easy to manage and associate funding costs to deals giving you more control and better reporting over your costs.
There is no cost to have the overdraft. You only pay when you draw down. Each draw has a fixed single monthly fee for ease of accounting. Please click here to access our estimator.
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