Easy to arrange borrowing solutions to suit your business
Flexible Funding: offers flexible funding for the working capital needs of the business, including the ability to bridge delays between payments and receipts.
Amounts Available: typically available in amounts from €1,000 to €150,000.
Repayable on Demand: subject to annual review and an annual facility fee.
Competitive variable interest rate applies.
Warning: The cost of your monthly repayments may increase.
How do I apply?
If you are looking to apply for a business overdraft, simply contact your local branch to book an appointment, or call us directly and we will make an appointment at a time that suits you. Our advisors will discuss what you need to have in place for your application for credit.
In order to make a successful credit application, there are a number of documents you will need to provide us with at the time you submit your completed application. Click here to find out more.
Lending criteria, terms and conditions apply. Variable interest rates apply and are subject to change. A facility fee applies to this product. Approval subject to repayment capacity assessment and other lending criteria. Security may be required, which may incur legal costs for the borrower. Please see our Terms & Conditions and Personal & Business banking charges booklets for full details. Your credit rating with permanent tsb may also be impacted where you have previously been refused an application for credit with permanent tsb.
Security may be required for lending facilities where permanent tsb considers the provision of security to be reasonable, having regard to the nature and value of the facility being offered, and the circumstances of the Borrower. Where security is required, we will provide you with a clear explanation as to why the security is required, and the potential consequences of providing such security. Typical examples of Security include an asset, a charge over an asset, indemnities and guarantees.
Copy of Credit Agreement
If you wish to request a copy of your credit agreement for any loan you hold with permanent tsb, you can do so free of charge by contacting your local branch.
The Department of Jobs, Enterprise and Innovation have a dedicated website www.supportingsmes.ie, which lists over 80 Government supports available to Irish start-ups and small businesses. Here, business owners will find a range of supports to help manage and grow their business.