Applying for a business overdraft through OverdraftMe takes 2 minutes. No tax returns, no financial statements, no property security required under $150K. We compare 50+ lenders with one application and one credit enquiry.
Apply now - 2 minutes, no credit impact
Fill in the form and we'll show you what you qualify for. No obligation.
Start my application →
What you need to apply
| Requirement | What we need |
|---|
| Documents | 6 months of business bank statements, ABN, driver's licence. That's it. |
| Trading history | Minimum 6 months |
| Revenue | Minimum $6,000/month deposited into your business bank account |
| Credit score | Minimum 550 Equifax (check free at getcreditscore.com.au) |
| Tax returns | NOT required under $150K |
| BAS | NOT required |
| Financial statements | NOT required |
| Property security | NOT required under $150K |
How the application works
Complete the 2-minute eligibility check. Basic details about you and your business. No credit check at this stage.
We call you within 1 hour. Your broker (John Pierre Saliba) reviews your profile and discusses your options. We'll tell you exactly what you qualify for.
Provide bank statements. Upload or email 6 months of business bank statements. We handle everything from here.
We submit to the best lender. One application, one credit enquiry, best result. No shotgun approach.
Decision and funding. Decisions from 1 hour. Same-day funding available for straightforward applications.
Average time from first contact to funded: 24 hours. We've done it in under 4 hours for urgent cases. See our case studies.
What can you use a business overdraft for?
- Cover payroll and wages between invoice payments
- Pay suppliers on time to secure early payment discounts
- Manage seasonal cash flow dips
- Pay BAS, tax, or Payday Super on time
- Fund stock or materials for new jobs
- Bridge the gap while waiting on outstanding invoices
- Have a safety net for unexpected expenses
How much can you borrow?
| Monthly revenue | Indicative overdraft limit |
|---|
| $6,000 - $15,000 | $10,000 - $25,000 |
| $15,000 - $30,000 | $25,000 - $50,000 |
| $30,000 - $80,000 | $50,000 - $150,000 |
| $80,000 - $200,000 | $150,000 - $300,000 |
| $200,000+ | $300,000 - $500,000 |
Use our borrowing calculator for an instant estimate →
Why apply through OverdraftMe?
- 50+ lenders compared - we find the best rate and highest approval chance for your profile
- One credit enquiry only - we submit to one lender, not multiple. Your score stays protected.
- Free broker service - the lender pays us, not you. Zero cost to your business.
- Specialist expertise - we only do business overdrafts. Not home loans, not car finance.
- Direct access to your broker - you deal with John Pierre Saliba directly, not a call centre.
Are any industries excluded?
Some industries face restrictions. Check the restricted industries list before applying.
Common questions before applying
See also: Business overdraft approved in 24 hours
Ready? Let's get you funded.
Most applications are approved within 24 hours.
Apply now →