OverdraftMe is a specialist finance broker matching small businesses across Australia with the right lender for unsecured business overdrafts and working capital loans - decisions from 1 hour, minimal paperwork, and no cost to you. We get paid by the lender.
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.
Check if you qualify in 2 minutes. Quote won't affect your score.
See if you qualify →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 are no fixed 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 with just 6 months of bank statements, no tax returns required under $150,000, and no property security for facilities under $150,000. Decisions are available from 1 hour, with same-day funding possible.
Business overdraft interest rates in Australia range from 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.
Most Australian SMEs with an active ABN, at least 6 months trading history, minimum monthly revenue of $6,000 per month, and an Equifax credit score of 550 or above can qualify for a business overdraft. No tax returns required under $150,000, and no property security is needed for unsecured facilities. Check your eligibility →
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.
A revolving line of credit linked to your business account. Draw down what you need, repay when it suits you, and only pay interest on what you use - not the full limit.
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.
Fill in a short form - takes less than 2 minutes. No credit check at this stage, no commitment required.
Our team reviews your needs and searches our panel of trusted lenders to find the most competitive offer for your situation.
We handle the paperwork and liaise with the lender on your behalf. Most clients receive funds within 24–48 hours of approval.
OverdraftMe has helped Australian businesses across 111 industries access fast, simple business overdraft finance. Every industry faces different cash flow challenges - we understand them all.
Not sure if you qualify? Find out in 2 minutes.
See if you qualify →No credit impact. No commitment. Check your eligibility in minutes - we'll find the right lender and working capital solution for your Australian business.
Takes 2 minutes. No credit impact. No commitment.
OverdraftMe only does business overdrafts. Not home loans, not car finance - just business overdrafts for Australian SMEs. That focus means deeper lender relationships and better approval rates.
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.
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.
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.
No call centres. No junior brokers. You deal directly with John Pierre Saliba - specialist broker, $600M+ funded - from first enquiry to settlement.
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.
New businesses are welcome. You don't need 2 years of trading. From 6 months with consistent revenue, you have real options. Learn more →
~60% of our approvals involve businesses with managed ATO debts. A formal payment plan is generally acceptable. Learn more →
Non-bank lenders assess from bank statements only. No tax returns required under $150,000. Learn more →
Equifax 550+ is the standard minimum. Some specialist lenders go lower. Bad credit is not an automatic decline. Learn more →
~60% of our clients were previously declined by their bank. A bank decline is not the end of the road. Learn more →
Sole traders are eligible on exactly the same basis as companies. Same criteria, same process, same speed. Learn more →
No tax returns for facilities under $150K. No property security. Decisions from 1 hour.
Free broker service - we're paid by the lender, not you.
See if you qualify →Take our 60-second quiz and get a personalised recommendation: overdraft, loan, line of credit or working capital. No credit check, no obligation.
Weekly super payments instead of quarterly. A business with $10,000 weekly wages needs $1,150 every week. A business overdraft is the most practical buffer. Arrange yours before July - not after.
Payday Super checklist →OverdraftMe is a specialist business overdraft and working capital finance broker operating across Australia. 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 focus exclusively on business overdrafts - not a generalist who occasionally does business finance. When overdrafts are all you do, you get better at them.
Our panel of 50+ lenders includes Australia's leading non-bank 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 has facilitated over $600 million in business finance for Australian SMEs across 111 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.
Most non-bank lenders require a minimum of 6 months trading history. Banks typically require 2+ years. OverdraftMe works with lenders who will consider businesses from the 6-month mark.
No. 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.
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.
With OverdraftMe, decisions come as fast as 1 hour. Same-day funding is possible in many cases. This compares to 2-8 weeks with a bank.
No. Property security is not required for business overdraft facilities under $150,000. Your business revenue is the primary security.
Yes. OverdraftMe is paid by the lender on settlement, not by you. There is no cost to your business for using our broker service.
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
Eligibility, rates, lenders, how to apply and what Payday Super means for your cash flow in 2026. Written by John Pierre Saliba. Free to download.
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