At a glance

12.01 %P.A.*
Variable rate - residential security
$ 10,000 
Minimum loan amount
Residential (80% loan-to value ratio) or non-residential

Why choose our Business Overdraft

You can't always predict when an unexpected expense will arise, or when you need to cover shortages in your cash flow. Our Business Overdraft gives you convenient access to an approved limit when you need it.

Business debit card

Conveniently linked to your business account

Our Business Overdraft is attached to your Everyday Business Account so you can conveniently access your funds whenever you need it.

cash flow graph

Flexible credit

Manage your short-term cash flow, unexpected expenses, or simply have access to extra credit if the business need arises.

Money stack

Interest only repayments

Interest is only charged on the funds utilised, not on your whole overdraft limit    

Business debit card

Business Visa Debit Card

Link your Business Overdraft to a Business Visa Debit Card and you have international access. Use your own money to purchase over the phone, via the Internet or anywhere that Visa is accepted.

Bank account options

Range of access options

Access your overdraft via cheque book, branch, ATMs, EFTPOS, internet and mobile banking.    


Security options

Can be secured by residential property (maximum LVR of 80%) and/or non-residential property.

Interest rates

Business Overdraft Interest Rates*

Lending Interest rates (% p.a.)~ Residential Security Other Security
Variable 12.01



At BOQ, we keep our fees to a minimum. Any fees we do have we’ll show you up front so there are no surprises.

Fee type Fee
Application fee  0.75% of the approved limit applies (minimum $750).
Agreed credit advance fee A quarterly agreed credit advance fee applies.
Monthly service fee Nil

A full list of fees can be found in our Fees and Charges Guide below.

Important information

Ready to apply?

Whether you’re ready to apply or you’d like to know more, one of our business specialists will be happy to help and provide more information.

Make an enquiry

Visit your local branch

You might also be interested in:

Finance your equipment without tying up your cashflow

Equipment and Vehicle Finance

Whether you want to lease your equipment, salary package your vehicle or you're looking for a short-term finance solution to grow your business, we can help with a full suite of funding options.

  • Spread your repayments over the life of the equipment
  • No capital outlay
  • Structure repayments to suit your cash flow

Our low fee business bank account

Everyday Business Account

Manage your transactions with ease - all for a low monthly fee.

  • Free branch, ATM and cheque deposits
  • Free Direct Debits and Direct Credits
  • Easy account access through ATM/EFTPOS, Internet and Mobile Banking