Are you an Ulster Bank Customer?

Are you an Ulster Bank Business Customer with an existing Business Overdraft looking to switch or open a new Business Current Account and Business Overdraft? Click on the link below to find out more about our streamlined application process.

Find out more


Business Overdraft

Manage your cash flow with a Busines Overdraft. Talk to our dedicated Business Banking Team about adding an overdraft to your Business Current Account for this short-term credit facility.

A Business Overdraft offers you;
  • Flexible funding for working capital
  • facilities from €1,000
  • Variable Interest Rate of 8%
  • Interest Only Charges on the balance you're overdrawn
  • Short-term finance available
  • Ability to repay on demand, subject to review

Business Overdrafts are subject to a facility fee charged upon set and annually thereafter. Security may be required, which may incur legal costs for the borrower. If you are applying for an overdraft for a Limited Company, we may ask for a Personal Letter of Guarantee (PLG) as security.

What will you need?

Depending on your business type, you may need to provide us with some supporting documentation when opening your Business Current Account. Our team are here to help you along the way, but to find out what documents you may need click here.

Apply for a Business Overdraft

You can book an appointment now or call our Business Banking Team on 0818 200 100 or +353 1 215 1363.

Find your local branch

Important Information

Lending criteria and terms and conditions apply. Approval for a Business Overdraft is subject to repayment capacity assessment and other lending criteria. Over 18s only. Your credit rating with permanent tsb may also be impacted where you have previously been refused an application for credit with permanent tsb. Please see our Terms & Conditions and Personal & Business banking charges booklets for full details.

SME Lending Application Form

Application process and making an appeal

For more information on how we process your application and how you can appeal credit decisions, visit our Business Lending Support section.

Warning: The cost of your repayments may increase.

Warning: If you do not meet the repayments on your credit facility agreement, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

Ulster Bank Business Customers

Are you an existing Ulster Bank customer looking to switch or open a Business Current Account and Overdraft?

Government Support

Business owners will find a range of supports to help manage and grow their business.

Support in financial difficulty guide

Information guide to banking supports available to SMEs for the future and through COVID-19 recovery


Manage your business funds online with our dedicated online banking for business customers.

Contact our Business Banking Team

Our dedicated team of Business Banking Managers are available to meet in person, at a customer’s business premises, over the phone, and through our nationwide network of almost 100 branches.

Business Support

Read the Guide for Micro & Small Enterprises and Guarantors: Regulations on Lending to Small & Medium-Sized Enterprises published by the Central Bank of Ireland.

Business Mortgage Loan

Flexible borrowing for the purchase of your business premises

Business Deposits

Plan and prepare for the future

Business Term Loan

Flexible term lending options to finance business assets or expansion

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