Overdrafts
An overdraft is the most common source of short-term finance available and is used in conjunction with a current account.
It is a flexible source of funding used to fund the day-to-day operating requirements of a business which could include working capital funding, seasonal fluctuations in business cashflow or dealing with the late payment by debtors.
An overdraft facility can be renewed on an annual basis and you only pay for what you use.
Lending criteria terms and conditions apply.
Contact Details
Further details on overdrafts can be obtained from your local Bank of Ireland branch.
For further queries please email us at business.banking@boimail.com
