An overdraft facility is suitable for businesses who want flexible financing of their day-to-day operations.
An overdraft facility is one of the most common forms of financing for companies. In short, it provides access to credit which is helpful when you have short-term expenses to cover.
It often takes a little time from the invoice being sent to receiving payment from the customer, and an overdraft facility is often the right product to cover the need for cash in this period.
