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Overdrafts to help you manage unforeseen business expenses.


Business Overdrafts

A prearranged line of credit in the form of an overdraft can be useful when commencing a business or seeing you through seasonal highs and lows. You can better organise your corporate expenses by arranging a WAW VISA Card with your overdraft.

If you are a Primary producer you will need to have up to date profit and loss and Balance Sheet information available so talk to your Accountant to make sure you're ready to begin the process.

  • 24 hour conditional approval
  • Interest calculated daily and charged at the end of month
  • Low annual review rates (free for VISA Card only overdrafts)
  • Choice of cheque or VISA Card facility
Application fee     From $600.00
Increase fee     $300.00
Guarantees Facility application fee   $400.00
  Each guarantee   $100.00
  Half yearly service fee - 0.50% of facility limit   Min. $50.00
Redraw Facility Fee (per redraw)     $20.00
Product / Rate Switching     $600.00
Substitution of Property Mortgage     $300.00
Bill of Sale / Goods Mortgage - Registration / Variation     At Cost
Mortgage Insurance     At Cost
Legal Fees, Valuations, Surveys, Settlement Fees     At Cost
Bundled Home Loan Default Fee     $200.00
Titles & Related Fees    Discharge of Mortgage     Costs + $400.00
Production or Consideration Fee     Costs + $50.00
Photocopy     $5.00
Title or Final Notice     At Cost
Overdraft Annual Facility Fee <$10,000   $75.00
  >$10,000   $150.00

Download our Transaction Fees and Charges Schedule here

How To Apply

If you are interested in applying for this loan please click on the link below to fill out our online enquiry form with your name, contact details and the product you are interested in. One of our dedicated loans staff will contact you to further the application process.

Alternatively, you can contact us on 1300 368 555 and ask to speak to one of our home loan specialists..

Enquire Now