Low Doc approvals up to $250,000

Loan term up to 5 years

Flexibility and Control

Interest only on Utilization


What is Business Overdraft?

A business overdraft is a cash flow buffer in the form of a credit line with no restrictions on number of withdrawals or repayments. One can use this limit as per their business requirements with a convenience to pay off whenever they can without any penalty and no interest gets charged after that. The interest is levied on daily outstanding balance of the overdraft facility and not the entire limit. 

 A business overdraft is popularly used for:

  • Working capital management
  • Inventory purchase
  • Funds for business development
  • Business expansion expenses


The eligibility for business overdraft is determined by the following factors, which demand you to have:

  • Business trading for at least 12 months
  • A minimum monthly turnover of $10k
  • GST registered business.

What you should know about Business Overdraft

Have questions? Speak to our experts!

What kind of Businesses Apply for Business Overdraft?

Different kinds of businesses can benefit from this type of business financing. In Australia, the enterprises from the following industries commonly apply for a business overdraft.

  • Wholesalers
  • Retailers
  • Manufacturing industry
  • Food and beverages
  • Professional services
  • Automotive industry
  • Technology

You can either apply for a secured business overdraft or an unsecured business overdraft. A secured business overdraft would need a business owner to provide an asset as security to secure a better loan term while unsecured business overdraft doesn’t need any collateral.

Why Seek Business Financing through Business Overdraft?

The following reasons are why business entities apply for a business overdraft:

  • It facilitates a flexible business line of credit against the transaction account.
  • A business overdraft allows a business owner to pay off the loan as per convenience if it is within the approved credit limit.
  • The unsecured business overdraft allows loan approval without any security.

All these tried and true reasons make business overdraft a favorable choice for business financing for enterprises, especially the SMAs in Australia.

When to Use a Business Overdraft?

We recommend you to apply for a business overdraft under the following or similar circumstances:

  • When you are working on a long-term project, where payment will arrive after the completion of the entire thing.
  • Even though your sales patterns are typically seasonally, you still need to pay the employees and manage the inventory for the whole year.
  • Your customers cannot clear the invoices on time, causing you to apply for a business overdraft to replenish the cash flow.
  • New business owners require cash to cover operational expenses before they start generating profits.

How Can It Benefit Your Business?

There are multiple benefits to business overdraft, such as:

  • The business owner gets fast access to funds, enabling seamless management of expenses and payments.
  • A steady cash flow facilitates business expansion and growth.
  • Access to funds, allowing the business owner to pay the outstanding bills without waiting for the clearance of pending invoices.
  • With a steady cash flow, the business owner can pay the suppliers on time. It allows them to negotiate better payment terms and discounts.

Why should you choose Broc Finance?

Tailor made options

Being a small business owner, many of our clients are not sure of right loan product for their businesses. Our lending specialists understand their needs and recommend tailor made options.

Personal Consultation

Unlike business loan marketplace websites which use AI based algorithms to match your requirements, we provide obligation free personal consultation as every business is different and an AI based algorithm may not provide them the optimum solution.


Competitive Pricing

We endeavour to achieve the optimum business loan solution for our clients at the most competitive pricing possible.

Clear communication

We understand the essence of time so don’t believe in wasting our customers time by giving false hopes. Transparent and clear communication is in our DNA.

Real results with real people.

Niteesha Nagowah

Niteesha Nagowah

We had an incredible experience working with Saroj from Broc Finance. He is incredibly knowledgeable, responsive, and guided us through the purchase of our company vehicle with expertise. The attention to detail and commitment to finding the best possible options truly set him apart. Highly recommend his services for anyone navigating the complexities of obtaining a finance. Thank you again for outstanding assistance.
vishal srivastava

vishal srivastava

We have used Broc Finance over last 2 years for various business line of credits and vehicle loan. Broc finance have been very professional in this journey. They have understood our needs as business and catered the solutions as per requirement . They look around in market and get one the best financial solution for the business be at vehicle of line of credits . I would strongly recommend the business for there services
Nasir sabiry

Nasir sabiry

Thank you very much in helping me with financing a car SAS. You have been very professional and responsive every time I needed information. Fully recommend to any looking to finance a car.
Ajay Kanumuri

Ajay Kanumuri

I would strongly recommend. Saroj Shah helped to get my loan with in span of three days. He was very supportive and clearly explained the loan process.
Atulkumar Patel

Atulkumar Patel

I don't want to miss this opportunity to say About Saroj Work that he just made it impossible job into possible , I have got loan of 1.5 million event though I have very low credit score . Great work , and highly recommend for any kind of loan issues.
Tajinder Kumar

Tajinder Kumar

For those seeking a trustworthy and dependable financial broker, I would like to recommend Broc Finance. While their fees may be slightly higher compared to other brokers, I found that their personalized approach made it worth it. Broc Finance took the time to understand my specific needs and goals and tailored their services accordingly. Additionally, their prompt availability to answer any questions or concerns was greatly appreciated. Overall, if you're in search of comprehensive and professional financial advice, Broc Finance is an excellent option to consider.
Scott Filby

Scott Filby

Excellent experience with the service of Saroj! He did all the hard work and helped me find what I required. Saroj offered excellent suggestions and went the extra mile with his advice, which won my respect and helped in achieving the outcome required.
Mai Yang

Mai Yang

Absolutely wonderful service! Saroj was amazing with keeping us up to date with our loan application which was approved quickly without any hassle. I would definitely recommend Broc Finance!

Have questions? Talk to a specialist!


What loan are you looking for?

Tell us about yourself

Can't remember? Find it here

Frequently asked questions

Yes, the lenders can increase your limits on reassessment of your application. You can just get in touch with us, and we can get it sorted in no time.

The interest rate varies in each case and will depend on various factors like the business trading time, industry, banking, credit history etc. Please contact us and our experts will be able to run you through an obligation free indicative quote without leaving any trace on your credit file.

We offer business financing solutions to clients on basis of low documentation and bad credit history. Reach out to us to know the details regarding the same.