Suncorp Bank
Business Overdraft (Commercial Business, Agribusiness and Small Business)
Manage your short-term cash flow, unexpected expenses, or simply have access to extra credit when you need it.
At a glance
- Pricing
- Rates on application
- Variable
- 10.24%
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | Interest only | — | — | 10.24% | — | — |
§ 02 — Fees · 3
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Establishment Fee | Other | $0 | — | Determined at application |
| Other Fees | Other | $0 | — | All businesses are different, and accordingly, the cost of a business loan will differ depending on your type of business and your needs. Please contact us to discuss your requirements and we can adv… |
| Quarterly Service Fee | Other | $150 | — | Determined at application based on the approved credit limit: <= $100,000 = $150p.q., $100,001 <= $250,000 = $300p.q., $250,001 <= $500,000 = $500p.q., > $500,000 = 0.75% per annum of your credit lim… |
§ 03 — Features
Digital banking
- · Interest rate type: Variable
- · Repayment type: Interest is charged on the portion of the overdraft that is used, no set principal repayments
- · Term: Ongoing limit, no fixed term
- · Security: Secured and unsecured options available.
- · Maximum limit of $1mil for small business customers
§ 04 — Eligibility & limits
- · Available to businesses
- · Provide 2 consecutive years of financial information. This may be for a business you currently own or for a business you plan to purchase.
- · Security such as cash, residential, commercial or rural property, business assets, or a combination of these is required for a secured overdraft.
§ 06 — Run the numbers
Put this product through a calculator
Published by Suncorp Bank under the Consumer Data Right, last changed by them on 15 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.