As part of our comprehensive support Australian businesses, in addition to providing finance for equipment purchases, Jade also offers Business Overdraft services. Most business owners are familiar with a bank overdraft and many operate full-time on such a facility. To balance the books, facilitate workable cash flow and meet expenses while awaiting slow-paying clients, an overdraft is an essential solution for businesses of all sizes.
Traditionally, overdraft facilities are provided by your existing bank. But other lenders operate in this space and provide a solution with benefits worth considering. Your commercial consultant from Jade will discuss your business operations and explain how the Business Overdraft service works.
The Business Overdraft provides assistance to business which are facing uncertainties in regard to managing their cash flow, facing difficulties remaining liquid in order to take advantage of business opportunities as they arise or require assistance to avoid complications associated with their financial situation when confronted with unexpected events.
Our service utilises non-bank lenders to facilitate the overdraft. Many of these types of lenders would not be known by most businesses and few provide direct access by customers. Essentially this is an industry-only sector that, as a respected finance broker, Jade is privy to.
Your highly experienced Jade finance broker will listen to your story to fully understand your business and what you want to achieve. From this point of knowledge and with professional expertise, we structure a solution to suit your needs. This may be a combination of both lender finance and financial product.
This type of financial solution does not necessarily require the lender to take security over property. As such, it is more accessible to a larger number of businesses.
As with a bank overdraft, interest rates applies but you only pay that interest on the amount of the funds you draw. Not on the full facility. And of course, with Jade’s commitment to the cheapest interest rates on all our financial products, we will be negotiating you the best deal available.
Speak with a Jade Finance Consultant to discuss a business overdraft solution for your business. Call 1300 000 003