As a retail store, you know the pressure of large seasonal stock purchases and slow January-February trading after Christmas. OverdraftMe connects you with fast, flexible business overdrafts - up to $500K, no tax returns, free broker service.
A business overdraft lets you fund bulk stock orders, cover wages in slow periods and manage inventory cash flow. Draw what you need, when you need it - and only pay interest on what you use.
Decisions as fast as 1 hour. Funds in your account the same day in many cases. No waiting weeks for bank approval.
OverdraftMe is paid by the lender - not you. Expert broker comparison at zero cost to your business.
6 months of business bank statements, your ABN and a driver's licence. That's it - no tax returns ever.
Borrow up to $150K without putting your home on the line. Property security only required above that threshold.
A revolving credit line means you only pay interest on what you draw - not the full approved limit.
We compare across our full panel of 50+ lenders to find the best rate and structure for your business.
Use our calculator. Enter your monthly revenue and how much you need. No credit check at this stage.
Our brokers compare across 50+ lenders and come back to you with the best available option for your situation.
Once approved, draw on your overdraft as needed. Only pay interest on what you use. No lock-in.
Yes - retail stores are eligible for business overdrafts provided you have been trading for at least 6 months, have a minimum $6,000/month in revenue, hold a valid ABN and have an Equifax score of 550+. No tax returns are required.
Up to $500,000 depending on your monthly revenue and trading history. As a guide, most lenders will consider up to 1.5x your monthly revenue. Use our borrowing calculator for an instant estimate.
Just 6 months of business bank statements, your ABN and a copy of your driver's licence. No tax returns, no financial statements, no accountant letters required.
Decisions can come as fast as 1 hour from submission. Funds can be in your account the same day in many cases - making it ideal when you need capital fast.
Yes. OverdraftMe is a credit representative of Lend & Loan Pty Ltd (ACL 511092), an MFAA Member and AFCA Member. We are fully licensed to provide credit assistance to retail stores across Australia.
Everything SME owners need to know about business overdrafts. Free to download - no spam.
Download free guide →Free broker service · No tax returns · Decisions from 1 hour · Up to $500K · ACL 511092
Get a free quote - 60 seconds →