Business Overdrafts
A Heartland Business Overdraft lets you better manage your cash flow by providing easy, fast access to funds when your business needs them most. It is quick and easy to set up a Heartland Business Overdraft.
- The facility is arranged with your local Heartland Relationship Manager.
- There is a fixed limit that caters for your ongoing cash flow requirements.
- No fixed repayment amounts.
- Your account can be accessed through our online banking system.
- Interest is paid on credit balances.
The facility complements your banking arrangements. There is no need to change trading banks for transactional services.
What security is required?
Your overdraft facility can be secured against your business assets or residential and commercial property
How is interest calculated?
Interest is calculated on the daily outstanding balance of the facility, and is charged to the account monthly (on the last business day).
About our online banking1 system
With Heartland’s online banking system, you can view your account balances, current interest rates, transactions, transfer funds between your Heartland accounts and nominated bank accounts, and schedule automatic payments – 24 hours a day, 7 days a week from anywhere in the world.
Heartland also provides a full range of alternative lending products to support your business, such as:
Contact us
For a personal conversation or visit from one of our Relationship Managers, click here. Alternatively, fill in our online contact form and we’ll get in touch, or you can call us on 0508 432 785.
Working out the numbers
Use our loan repayments calculator to estimate loan repayments.
Questions?
Check out our FAQ's. If your question isn’t there, click here to email it to us or call us on 0508 432 785.
Lending criteria, fees and charges apply.
Business finance and lending services are provided by MARAC Finance Limited, a subsidiary of Heartland Building Society.
1 Heartland Building Society is not a registered bank.