Business Overdraft

An Elders Rural Bank Business Overdraft is the funding solution to cover your day to day working capital requirements and unexpected expenses. It is unsuitable for long term funding requirements such as capital expenditure, investments or property purchases.

Features at a glance

  • Competitive variable interest rates when in debit or credit saving you interest when you draw and increasing your return when your account is in credit.
  • A choice of interest charging options to suit your cash flow.
  • Easy access to your funds via cheque, ATM and EFTPOS with an ERB Visa Debit card, BPAY®, Internet and Phone Banking, and other electronic means including direct credits and debits.
  • Minimum overdraft limit is $10,000.
  • No fixed or minimum repayment requirements, freeing your cash flow to grow your business.
  • $20 monthly rebate allowing you transact for free* up to the rebate amount each month (transaction fees greater than the rebate amount are debited to your account)

A dedicated Business Banking team

For more information about our Business Overdraft, contact your local District Banking Manager or email our Business Banking Team at businessbanking@eldersruralbank.com.au.

 

* Excludes Bank & Corporate cheques and Bank®Posttransactions. General fees and charges apply.
Information is subject to change. All applications for loans or credit are subject to normal lending criteria.  Terms, conditions, fees and charges may apply and are available by phoning our Customer Service Centre on 1300 660 115, by accessing our website at www.eldersruralbank.com.au, or by visiting your local branch.  Products are issued by Elders Rural Bank Limited and distributed by Elders Limited.

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Fees, Terms and Disclosure

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Brochure (File size: 2 MB)

Fact Sheet (File size: 100 KB)