A safety net with a quick and short-term credit facility to ease your cash flow in times of unforeseen circumstances or temporary financing needs.
Flexible access to more cash flow
We know that strong businesses like yours need a healthy cash flow. Ideal for emergencies and unexpected situations, our business overdraft solution can be a convenient and effective way to borrow while you run your business smoothly.
Benefits
The facility is linked to your Micro Business, Small Business or Business Account, allowing you effect payments even when there are no cash funds available in your respective account, thus avoiding unnecessary penalties
Payments into the overdraft facility allow funds available to be used again
Flexible repayment plans, based on the amount of credit you have used
Ideal for one-off purchases you can repay rapidly
Overdraft to be cleaned up monthly, and will be available for a 12 month tenor
Overdraft may be renewed at expiry, subject to request from customer
Zero processing cost
Apply for overdrafts from the convenience of your office
Low turnaround time for overdraft disbursement (48 hours)
Zero account maintenance charge
Competitive interest rate
Access to electronic banking products & services
Why choose AfriPower Bank Overdraft?
A short-term and quick facility that’s easy to arrange. Call us or visit any of our branches
Access to immediate financing to manage your cash fluctuations
A dedicated team that provides tailor-made advice and a personalised service