Cash flow problems are a common cause of Small Business failure. Our overdraft facilities can help manage cash flow and cover any unforeseen expenses.

Business Overdraft Reference Rates From
6.54
%
P.A
Secured Variable Rate^
Business Overdraft Reference Rates From
$699
Establishment Fee; or
0.25%
of Loan Amount*
  • Overdraft from $20k
  • Annual Fee of $250
  • Flexible Repayment Options
Product Features

Overdraft

Minimum Overdraft Amount
$20,000
Maximum Overdraft Amount
-
Maximum LVR
80%

Overdraft

Minimum Overdraft Amount
$20,000
Maximum Overdraft Amount
-
Maximum LVR
80%
Interest Rates

Overdraft

Residentially Secured

Overdraft

Commercially Secured

Overdraft

Unsecured
Reference rates from
6.54% 6.74% 15.00%
Compare

Overdraft

Residentially Secured
Reference rates from
6.54%

Overdraft

Commercially Secured
Reference rates from
6.74%

Overdraft

Unsecured
Reference rates from
15.00%
Fees & Charges

Overdraft

Establishment Fee
$699 or 0.25%
Annual Fee
$250
Other Fees
Legal Fee
$430
Legal Fee (trust deed review)
$132
Discharge Fee
$300
Changes to Loan Contract
$150
Product Switch
$300
Direct Debit Dishonour Fee
$15

Overdraft

Establishment Fee
$699 or 0.25%
Annual Fee
$250
Other Fees

Overdraft

Legal Fee
$430
Legal Fee (trust deed review)
$132
Discharge Fee
$300
Changes to Loan Contract
$150
Product Switch
$300
Direct Debit Dishonour Fee
$15
  • The Little Details

    Products issued by Southern Cross Credit Union Ltd. Any advice given is of a general nature only and is not based on any consideration of your objectives, financial situation and needs. To decide if a product is right for you, please refer to the Summary of Accounts, Access Facilities and Transaction Limits. Eligibility criteria, fees and charges, terms and conditions apply. Your actual interest rate may vary depending on the security offered.

    * The greater of the two is applicable

    ^Residentially secured

We have been with SCCU for over 45 Years and for the last 24 of them with our business as well. The staff are amazing people to do your banking with and the loans division make every buying and selling experience so easy. Our little hiccups have never been a drama for the staff to help us solve and nothing is ever too much trouble to help us along the way to building our business through banking. Their rates are always competitive and we would never consider another bank or financial institution for all our needs. Loyal staff and loyal friends = Best Bank Ever.
Neil & Kathalina
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