A flexible short-term safety net for your business
To apply online you must be trading as a sole trader, partnership or limited company in Northern Ireland. Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only.
Overdraft in detail
Useful info about our Business Overdraft
Representative EAR
5.25%
£300
Representative EAR (Effective Annual Rate) is used for comparison purposes and shows the annual interest rate we reasonably expect at least 51% of customers who are accepted for and enter into the overdraft agreement to get. It is calculated by using the rate of interest charged if you remained overdrawn for a year, the frequency with which interest is charged, and the effect of compound interest on your debt. The Representative EAR does not include other fees or charges.
77.78% of SME customers who used the eligibility checker received an end quote that was the same, better or no more than 10% above their indicative quote.
4 reasons to choose Ulster
Looking for a quick cash option?
A Small Business Loan offers fast and flexible borrowing that could suit your needs, see if it’s right for you.
Looking for other ways to grow your business?
We have a range of finance options to cover your needs, including flexible loans, overdrafts and alternative business funding.
Lending with the safety of fixed repayments
Turn your long-term ambitions into action with a Fixed Rate Loan. Borrow from £25,001 to £10m, subject to approval.