Merchant Services Overdraft
Improve the cash flow of your business while waiting for your receivables.
Benefits
*Gain access to additional working capital
*Have a buffer to assist with meeting business expenses during slow sales periods
*Get easy access to unsecured financing*
*Flexible repayment terms
Features
*The Merchant Services Overdraft will be based on the value of the average monthly debit and credit card receivables
*Customers must have had a merchant account for at least 2 years to qualify
Business Overdraft
A Business Overdraft is a convenient and flexible short-term financing solution.
Key Benefits
*Access to working capital - within an agreed overdraft limit, finance is available without restriction
*Cash flow management - short-term revolving funding
Features
*You are not tied to specific dates for drawdown or repayment
*The maximum term is twelve months but the facility can be renewed prior to expiry
*There is an annual facility fee for this service
*Pay the interest charges only on the funds you use for as long as you have them

