FINANCE OPTIONS

^£1m Business Overdraft - Apply Now

Q: What is the usual borrowing range for a business overdraft?

Business overdraft limits typically start from £10,000 and can go up to £3,000,000, depending on your business’s turnover, credit score, and whether you provide collateral.

Q: How quickly can my business access an overdraft facility?

Depending on the overdraft type and the completeness of your documentation, decisions are usually made within 2 days to 4 weeks. Funds are available immediately after approval.

Q: What are the typical costs and fees for a business overdraft?

Interest rates generally range from 2% to 12% above the base rate, influenced by your credit profile and collateral. Lenders may also charge setup, renewal, or maintenance fees.

Q: Are there regulatory requirements for business overdrafts?

Yes, business overdraft providers must comply with the UK Consumer Credit Act regarding limits and charges, and are overseen by the Financial Conduct Authority (FCA).

A £1m Business Overdraft gives UK SMEs the ability to withdraw more than their current account balance, offering a flexible cash flow solution when needed. This financial product serves as a short-term buffer, helping businesses handle day-to-day expenses, bridge cash gaps, or respond to unexpected costs. Overdrafts are popular with companies seeking practical, responsive funding, as you only pay interest on what you use. Common benefits include rapid access to capital, freedom to repay on your own schedule, and support for managing fluctuating cash needs.

Secure up to £1,000,000 in Business Overdrafts with Funding Agent.

Secure up to £1,000,000 in Secure up to £1,000,000 in Business Overdrafts with Funding Agent. with Funding Agent.

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Dedicated support
Loan disbursed within 24 hours
No additional charges for early repayment

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Key ^Benefits of a £1m Business Overdraft

Choosing a business overdraft provides unique advantages tailored to UK SMEs. Designed for flexibility, these facilities offer fast access to working capital, with interest calculated solely on the amount drawn. Decision times range from just a few days to several weeks, making them suitable for urgent or planned needs.

Flexibility in finances

Buffer for cash flow

Quick access to funds

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of Business Overdraft Facilities

Secured Business Overdraft

Secured overdrafts require collateral, such as property or invoices. They typically offer higher limits, from £50,000 up to £3,000,000, and are reviewed annually by lenders.

Secured Business Overdraft

To access a secured overdraft, businesses must provide assets as collateral and demonstrate good credit. The application involves submitting documents, a collateral valuation, credit checks, and a formal agreement process, taking between 1 and 3 weeks for approval. This option suits sectors with sizeable asset bases and variable cash flows, such as construction or manufacturing.

Unsecured Business Overdraft

Unsecured overdrafts do not require collateral but are more suitable for established businesses with a strong credit profile, offering limits from £10,000 to £250,000.

Unsecured Business Overdraft

An unsecured facility typically involves a straightforward online application and a credit check, with a decision in 2 to 5 business days. These are ideal for service-based industries, like retail or hospitality, needing fast solutions for temporary cash flow gaps or seasonal expenses.

Revolving Credit Facility

Revolving credit facilities grant flexible, ongoing access to credit up to £1,000,000, with periodic reviews. They suit businesses with predictable sales cycles.

Revolving Credit Facility

To qualify, you need a strong credit history and steady revenue. The process includes a business audit and regular reporting, while facility terms are agreed at outset. Funding can be used for recurring purchases or handling seasonal trading patterns, with approval typically taking 1 to 4 weeks.

Typical Funding Journeys on Funding Agent

Submit your funding request

Our platform enriches your application using business data

Your request is matched to suitable lenders

Receive offers and proceed with the best option

How to Secure a Business Overdraft with Funding Agent

Easy Online Form

Fill out a brief online application form to describe your business requirements and upload your financial information securely.

Compare Options

We match your application with verified lenders offering business overdrafts that fit your needs and preferences.

Receive Funds

Choose the best overdraft offer and receive access to your facility once all agreements are completed, often within days of approval.

Get Funding For your business

Generate offers

Real Scenarios

Construction Company Needing Fast Working Capital

Situation

A construction firm had a short-term cash gap before a large invoice was paid and needed £85,000 to cover materials and payroll.

Challenge

Traditional bank applications were too slow; they needed a decision and funds within days.

Outcome

Funding Agent matched them with a lender; they received a working capital facility and bridged the gap until the invoice was paid.

Ecommerce Business Preparing for Peak Season

Situation

An online retailer needed around £120,000 to stock up ahead of Black Friday and the Christmas rush.

Challenge

They wanted flexible terms and a quick turnaround so stock could be ordered in time.

Outcome

Through Funding Agent they secured a facility, placed orders in time and managed peak demand without cash flow stress.

Marketing Agency Using Invoice Finance

Situation

A marketing agency had strong clients and reliable invoices but often waited 60–90 days for payment.

Challenge

They needed to unlock cash tied up in unpaid invoices to pay staff and take on new projects.

Outcome

Funding Agent connected them with an invoice finance provider; they now access funds against approved invoices and smooth out cash flow.

Property Developer Using Bridging Finance

Situation

A developer needed short-term finance to complete a purchase before selling an existing property.

Challenge

They required a fast decision and flexible terms to align with the sale timeline.

Outcome

Funding Agent matched them with a bridging lender; they completed the purchase and repaid the facility when the sale completed.

FAQ’S

What is the usual borrowing range for a business overdraft?

How quickly can my business access an overdraft facility?

What are the typical costs and fees for a business overdraft?

Are there regulatory requirements for business overdrafts?

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^£1m Business Overdraft - Apply Now

Key ^Benefits of a £1m Business Overdraft

SCALE YOUR BUSINESS TO NEW HEIGHTS

Types of Business Overdraft Facilities

Secured Business Overdraft

Secured Business Overdraft

Unsecured Business Overdraft

Unsecured Business Overdraft

Revolving Credit Facility

Revolving Credit Facility

Typical Funding Journeys on Funding Agent