Quick and Easy Application
Apply for business overdrafts online through your Capitalise profile and receive carefully underwritten decisions in just a few business days.
A business overdraft is a great way for SMEs and mature businesses alike to establish a financial buffer that can be used alongside a range of other financing options. They are typically offered as an additional feature connected to a business bank account and allow companies to spend beyond their existing account balance.
Capitalise works with a number of the UK's leading high street and online only banks in order to help you source the perfect business overdraft for your needs.
Businesses overdrafts offer an additional line of credit for use alongside your business bank account. They are one of the most popular ways for businesses to source additional lending and come with a range of advantages, including:
Many growing SMEs will often try to employ various different forms of credit in order to continue the growth of their business in an affordable and accessible way. However, this isn't always possible with certain loan types seen as an additional risk to new lenders when assessing a new credit application.
Business overdrafts can often be used in tandem with existing credit facilities since they are offered as a bank account feature. Although a thorough assessment is still required whenever an application is made, they can be easier to source than lending streams such as a merchant cash advance, trade finance and asset finance due to their more generalised eligibility criteria and accessibility.