Business overdrafts & lines of credit

A cash-flow buffer for your business

Profitable businesses can still run short of cash when money comes in after bills go out. I can help you look at an overdraft or line of credit that may give you flexibility when timing gets tight.

✓You deal directly with me
✓I’ll explain the practical trade-offs
✓No obligation and no pressure

Let’s look at my options Call me: 0401 151 558

Private enquiry

Tell me what you need

I’ll personally review the basics and explain the next sensible step.

NameMobileEmailBusiness nameABN Optional Approximate facility requiredWhat would you mainly use it for?Approximate monthly business turnoverHow long have you been trading?Is property security potentially available if a lender required it? OptionalHow quickly do you need the facility?

What it can help with

Flexibility for normal timing gaps

Depending on the facility and lender, an approved limit may be drawn and repaid as required. I’ll help you compare that with a term loan, which generally provides a set amount with scheduled repayments.

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Wages and supplier invoicesWhen costs fall due before customers have paid.
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Stock, GST and PAYGFor ordinary short-term business timing needs.
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Seasonal or unexpected expensesWhere a flexible buffer may suit the business.
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Short-term opportunitiesWhen an opportunity cannot wait for incoming cash.

Arrange the umbrella before it rains

It can be easier to plan while trading is going well

It is sometimes easier to arrange a cash-flow facility before a business is under severe financial pressure. That does not mean a facility is right for every business; I’ll look at the purpose, repayment capacity, security, trading history and the lender’s requirements with you.

A balanced view

When an overdraft may not be the right solution

A revolving facility may not solve permanent losses, a limit that is continually maxed out, long-term asset purchases better suited to structured finance, or circumstances needing specialist accounting or restructuring advice. I’ll tell you if I think another path makes more sense.

Important: This is general information only, not tax, legal or accounting advice. Facilities are subject to lender assessment, eligibility, fees, terms, security requirements and approval. Please speak with your accountant or adviser about tax implications.