The Finance Algorithm
Macquarie

Business Overdraft

Short-term finance for business expenses.

OverdraftsRates on applicationBank updated 1 May 2026
At a glance
Pricing
Rates on application
Loan size
$50,000 to no maximum
§ 02 — Fees · 3
FeeTypeAmountWhenNotes
Registration, Government Transaction charges & third party feesEventVariesRegistration, Government Transaction charges & third party fees may apply.
Line fee or unused limit feesPeriodicVariesEvery 6 moLine fee or unused limit fees may apply and are available on application.
Establishment feeUpfrontVaries≤$3m up to 0.50% of limit >$3m available (& negotiable) on application
§ 03 — Features
RedrawExtra repaymentsGuarantor optionDigital bankingFraud protectionUnlimited transactionsRelationship managerOverdraft
  • · Not provided on a standalone basis, only available in addition to Business Transaction Account and other products.
  • · Interest payment Interest is capitalised. Interest is charged on the drawn balance.
  • · Loan Collateral Property, Business assets.
  • · LVR - Business Assets LVR vary by Industry. Dependent on amortisation and asset profile. Subject to lending criteria.
  • · Loan term No maximum loan term. Repayment is on demand.
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Available to businesses
  • · Amount $50,000 to no maximum
  • · Maximum LVR 70%
  • · Borrowers: Company, Partnership, Trust

Published by Macquarie Bank Limited under the Consumer Data Right, last changed by them on 1 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.