Business Overdraft
Business Loans
Business Overdraft
A business overdraft is a line of credit that’s connected to a business bank account. It allows you to draw out more cash than what’s in your account, up to a certain, pre-agreed limit. Interest is only charged on the amount of money you’ve overdrawn, making a useful finance solution for short-term cashflow problems. It can be used to pay employees, purchase stock or settle invoices.
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