Business overdrafts
& loans for
Australian SMEs.
OverdraftMe is a specialist business overdraft and business loan broker matching small businesses across Australia with the right lender for unsecured business overdrafts and working capital loans - fast decisions, minimal paperwork, and no cost to you. We get paid by the lender.
See your overdraft weekly cost in seconds
Business overdrafts charge interest only on what you draw, not the full facility. Use this calculator to see your real weekly cost before you apply.
- Interest on drawn balance only (example rate 18% p.a.)
- Small weekly line fee on facility limit
- No early repayment penalties (lender minimum repayments apply)
Repayment Calculator
Business overdrafts we've settled for Australian SMEs
Real anonymised deals - from a $40K business overdraft for a tradie to a $500K facility for a smash repairer. Every deal funded within 48 hours of application.
View all settled transactions →What is a business overdraft in Australia?
A business overdraft is a revolving line of credit that gives Australian businesses access to funds up to an approved limit whenever they need them. Unlike a business loan, there is no loan-style fixed repayment schedule (many non-bank lenders set minimum weekly repayments) - you draw what you need, pay interest only on the amount used, and repay as cash flows in. Once repaid, the funds are available again without reapplying. Business overdrafts are the most flexible working capital tool available to Australian SMEs, used to cover wages, stock, rent, supplier payments, and seasonal cash flow gaps.
In Australia, business overdrafts are available from both banks and non-bank lenders. Bank overdrafts typically require tax returns, financial statements, and property security. Non-bank overdrafts - which OverdraftMe specialises in - can be approved from just 6 months of bank statements, no tax returns, and no property security for facilities under $150,000. Decisions are available from 1 hour, with funding same day in many cases and typically within 24 to 48 hours of approval.
Unlike a term loan, there is no lump sum obligation and no reapplication required each time you need to draw. Your business overdraft sits in the background - costing very little when unused, and immediately accessible when you need it.
How much does a business overdraft cost?
Business overdraft interest rates in Australia range from approximately 14.55% to 25% p.a. for unsecured facilities, depending on the lender, your credit profile, and your business revenue. Most overdrafts also charge a line fee of 1-2% p.a. on the total approved limit. You only pay interest on the funds you actually draw - if your limit is $100,000 and you use $20,000, you pay interest on $20,000.
Who qualifies for a business overdraft?
Most Australian SMEs with an active ABN, minimum monthly revenue of $6,000, and an Equifax credit score of 550 or above can qualify. Every application is assessed case by case - as a guide, a business overdraft typically requires a 1-year ABN for property owners or a 2-year ABN for non-property-owners (strong candidates can qualify from 6 months), while a business loan is available from 6 months of trading. No tax returns are required under $150,000, and no property security is needed for unsecured facilities. Check your eligibility →
| Typical ABN age (overdraft) | 1 yr with property / 2 yrs without |
|---|---|
| Minimum monthly revenue | $6,000/month |
| Minimum credit score | Equifax 550+ |
| Property security required | No (under $150K) |
| Tax returns required | Not required |
| Maximum facility size | Up to $500,000 |
| Decision time | From 1 hour |
| Trading under the ABN minimums? | Business loans from 6 months |
Every application is assessed case by case against lender policy.
Check your eligibility →Business overdraft & working capital solutions for Australian SMEs
As an accredited finance broker, OverdraftMe connects Australian small and medium businesses with a panel of trusted lenders offering unsecured business overdrafts and working capital loans. Whether you need flexible cash flow finance or a lump-sum business loan, we handle the legwork so you can focus on running your business.
Business Overdraft
A revolving line of credit linked to your business account. Draw down what you need, repay as cash comes in, within your lender's repayment terms, and only pay interest on what you use - not the full limit.
- Revolving - repay and redraw (lender minimum repayments apply)
- Only pay interest on what you use
- Linked to your business transaction account
- Ideal for managing day-to-day cash flow
Business Loan
A lump-sum term loan for planned investments - new equipment, fitouts, hiring, or growth. Fixed repayments so you can budget with confidence from day one.
- Lump sum up to $500,000
- Fixed terms from 3 to 36 months
- Predictable repayments, no surprises
- Ideal for one-off growth investments
How our business finance broking service works
Tell us about your business
Fill in a short form - takes less than 2 minutes. No credit check at this stage, no commitment required.
We match you to lenders
Our team reviews your needs and searches our panel of trusted lenders to find the most competitive offer for your situation.
You get funded
We handle the paperwork and liaise with the lender on your behalf. Most clients receive funds within 24-48 hours of approval.
Not sure if you qualify? Find out in 2 minutes.
See if you qualify →Do you qualify for a business overdraft or loan?
No credit impact. No commitment. Check your eligibility in minutes - we'll find the right lender and working capital solution for your Australian business.
- ABN typically 1+ year if you own property, or 2+ years if you don't - strong candidates from 6 months
- Minimum $6,000 monthly turnover
- Minimum Equifax score of 550
- No property security or tax returns required under $150,000
- ABN registered for 6+ months
- Minimum $6,000 monthly turnover
- Minimum Equifax score of 550
- Fixed terms from 3 to 36 months
- Active business bank account
- Every application is assessed case by case - overdrafts from 6 months are possible for strong profiles. Not available for: Property Development, Mining Exploration or Primary Agriculture
See what you could qualify for
Takes 2 minutes. No credit impact. No commitment.
Australia's specialist business overdraft broker
Specialist, not generalist
OverdraftMe specialises in business overdrafts and cash flow finance for Australian SMEs - not home loans, not car finance. Business overdrafts and business loans, done properly. That focus means deeper lender relationships and better approval rates.
Protect your credit score
Applying to multiple lenders directly creates multiple credit enquiries - damaging your score with every application. OverdraftMe submits to one lender only - the best one for your profile. One enquiry, best result.
Speed is the product
OverdraftMe has settled business overdrafts in under 24 hours. We know which lenders move fastest for which business profiles - and we use that knowledge on every application.
No tax returns required
Non-bank lenders assess your application from 6 months of bank statements. No tax returns, no BAS, no financial statements. Your bank account tells the real story of your business.
You deal with John directly
No call centres. No junior brokers. You deal directly with John Pierre Saliba - specialist broker, $600M+ funded - from first enquiry to settlement.
Completely free - the lender pays us
You pay $0 for our broker service. Not a fee. Not a percentage. Nothing. OverdraftMe is paid a commission by the lender on settlement - just like a mortgage broker. Expert advice, 50+ lenders compared, full application managed. Zero cost to you.
Business overdrafts for every Australian industry
OverdraftMe has settled business overdrafts for Australian SMEs across every industry - from electricians and cafes to recruitment agencies and construction companies. If your business turns over $6,000+ per month, we can help - business loans from 6 months of trading, and overdrafts typically from a 1-year ABN (property owners) or 2 years (non-property-owners), sooner for strong profiles.
We serve businesses across Sydney, Melbourne, Brisbane, Perth, Adelaide and nationwide.
Browse all 104 industries →Most Australian SMEs qualify - even with imperfect credit
6 months trading
New businesses are welcome. From 6 months of trading with consistent revenue you can qualify for a business loan - and for the right profile, an overdraft can be possible from 6 months too. Business loans with 6 months trading →
ATO debt
Many of our approvals involve businesses with managed ATO debts. A formal payment plan is generally acceptable. Finance with ATO debt →
No tax returns
Non-bank lenders assess from bank statements only. No tax returns, BAS or financial statements required under $150K. Bank statements do the talking. No tax returns explained →
Imperfect credit
Equifax 550+ is the standard minimum. Some specialist lenders go lower. Bad credit is not an automatic decline. Bad credit overdrafts →
Bank declined you
Many of our clients were previously declined by their bank. A bank decline is not the end of the road. Declined by your bank →
Sole traders
Sole traders are eligible on exactly the same basis as companies. Same criteria, same process, same speed. Sole trader overdrafts →
Serving SMEs across every state and territory
OverdraftMe provides business overdraft broker services to SMEs in Sydney, Melbourne, Brisbane, Perth, Adelaide, Gold Coast and every city in between.
Not sure which finance is right for your business?
Take our 60-second quiz and get a personalised recommendation - overdraft, loan, line of credit or working capital. No credit check, no obligation.
OverdraftMe - Australia's Specialist Business Overdraft Broker
OverdraftMe is a specialist business overdraft and working capital finance broker operating across Australia - and as a business loan broker, we place fixed-term business loans through the same 50+ lender panel. Founded by John Pierre Saliba, OverdraftMe is a credit representative of Lend & Loan Pty Ltd (ACL 511092) and is a member of the MFAA and AFCA. We specialise in business overdrafts and SME cash flow finance - not a generalist who occasionally does business finance. When cash flow finance is all you do, you get better at it.
Our panel of 50+ lenders includes Australia's leading business finance providers - Shift, Prospa, Moula, Banjo, Bizcap, Lumi, OnDeck, Judo Bank and many more. We compare all of them simultaneously and submit to the single best option for your business - protecting your credit score in the process.
OverdraftMe was founded by John Pierre Saliba, who has facilitated over $600 million in business finance across his career. We work with Australian SMEs across 104 industries and every city in Australia. Our broker service is completely free - we are paid by the lender on settlement, never by the business owner.
Last reviewed 18 September 2026
Business overdraft questions, answered
What is the minimum trading history to get a business overdraft?
Every application is assessed case by case. As a guide: a business overdraft typically requires a 1-year ABN if you own property, or a 2-year ABN if you don't - though strong candidates can qualify from 6 months. A business loan is available from 6 months of trading with $6,000+ monthly turnover, so newer businesses always have a funding path.
Do I need tax returns to get a business overdraft in Australia?
Not under $150,000. Non-bank lenders assess your application from 6 months of business bank statements. No tax returns, BAS statements or financial statements are required for facilities under $150,000.
How much can I borrow with a business overdraft?
Up to $500,000 depending on your monthly revenue. Most lenders will approve up to 1-1.5x your average monthly revenue. Use OverdraftMe's borrowing calculator for an instant estimate.
How fast can I get a business overdraft in Australia?
With OverdraftMe, decisions come from 1 hour. Funding lands same day in many cases, typically within 24 to 48 hours of approval. This compares to 2-8 weeks with a bank.
Do I need property to get a business overdraft?
No. Property security is not required for business overdraft facilities under $150,000. Your business revenue is the primary security.
Is OverdraftMe's broker service free?
Yes. OverdraftMe is paid by the lender on settlement, not by you. There is no cost to your business for using our broker service.
Talk to John directly
Book a free 15-minute call with John Pierre Saliba. No obligation, no paperwork - just a straight conversation about your business finance options.
📅 Book a free 15-min call →Or call directly: 02 8046 3933
The Complete Guide to Business Overdrafts in Australia
Eligibility, rates, lenders, how to apply and what Payday Super means for your cash flow in 2026. Written by John Pierre Saliba. Free to read.
Read the free guide →Free · No spam · Unsubscribe anytime
Reviews help other Australian SMEs find a broker they can trust.
⭐ Review OverdraftMe on Google →