Business Overdraft Credit Facilities
Provide will instantly match you with lenders who fit your specific loan criteria. When you submit an application, Provide gives you access to: Flexible borrowing solutions, Expedited decision making, and Expert support.
Provide will instantly match you with lenders who match your specific loan criteria.
Find your funding now
Business Overdraft Credit
Business Overdraft facilities can be used as a means of borrowing and a cash flow solution for a business. They can be used instead of business loans as you are only paying for the balance of the overdraft that you are using rather than funds that have not been deployed as yet.
This means that you are only paying for funds you have borrowed against the overdraft.
Connect with over
200 trusted lenders
At a Glance
What You Need
If you are applying for a substantial overdraft your bank might ask for this to be secured. It may be possible to arrange an informal overdraft increase if you have gone over your current overdraft limit.
What to Expect
The overdraft will provide you with easy to access funds and it's fairly simple to arrange. Ideal for emergency situations or a security net. Interest is only payable on the overdraft balance, and there is no set minimum to pay back on a monthly basis. You are free to repay the debt anytime you wish.
Watch Out For
Overdrafts tend to have higher interest rates than business loans. Non-payment of an overdraft facility can result in an adverse effect on your business’s credit report. There may also be annual fees applicable for the renewal of the facility.
The interest rate is often variable making it hard to account exactly for the cost and account for the interest payments.
Together, We Go Far
Provide is an award-winning finance platform that instantly matches your loan enquiry with over 200 lenders who suit your specific criteria.
If you’re looking for Business Overdraft credit facilities, Provide offers support from application to full funding, giving you access to fintech powered resources and a helpful team of finance experts to make the process as simple as possible.
We Provide Answers
If you want to explore other commercial finance options available you can either take a look at our Business Finance pages or connect with one of our financial experts.
What They Say
From a borrower's perspective...the whole market is researched on their behalf with a shortlist of possible lenders made accessible to them in an instant.
First class, Outstanding & Professional. [Provide] has made me a fan straight away.
[Provide] has been a breath of fresh air to have in the industry...a ‘must have’ in the fast-moving property industry.
Compare your Funding
Provide instantly delivers you the best possible options for your financial needs.
Use the Comparison Tool to see how your existing offer matches up to Provide’s growing number of lenders.
How it Works
1. Submit Enquiry
Brokers post their enquiry onto the platform using the enquiry form.
2. Matching Engine
Our platform sources funding options from our pre-approved lenders.
3. Connect with Lenders
Speak directly to our lenders. Progress your deal, with the full support of our finance specialists.
4. Chat to Support
We offer step by step support to help you get the best deal possible. Use our live chat, or call 0800 772 3180