By John Pierre Saliba · April 2026 · OverdraftMe
A business overdraft approved in 24 hours is standard through non-bank lenders. OverdraftMe has settled overdraft facilities in as little as 4 hours - from first contact to funds available. Here's the step-by-step process to make it happen.
Start now. We'll have you sorted today.
Apply now → Call 02 8046 3933| Hour | What happens |
|---|---|
| 0 | You complete the 2-minute eligibility form |
| 0.5 | Your broker calls to discuss your options |
| 1 | You email or upload 6 months of bank statements |
| 1.5 | Application submitted to the best-matched lender |
| 2-6 | Lender assesses and makes a decision |
| 6-8 | Contract issued, you sign and return |
| 8-24 | Funds available in your business account |
Banks require property valuations (1-2 weeks), tax return verification (1-2 weeks), and internal credit committee approval (1-2 weeks). Even their "fast track" products take 5-10 business days. Non-bank lenders skip all of this by assessing from bank statements using technology.
Once your overdraft is set up, it stays open. The next time you need funds, you just draw - no new application, no waiting. That's the real value of getting it sorted now.