To log on to our new online portal, just use your District logon details:
- User ID
- Password
- eSafe ID
Business Overdraft
An overdraft is a simple business financing solution, linked to your business current account, that gives you peace of mind that any short term cash flow requirements will be covered.
With our new online portal you can now apply for a new overdraft or an increase to your existing overdraft, up to maximum application amount of £25,000.
Whether we provide credit depends on your circumstances, and you must be 18 or over. Lending terms and conditions apply.
Arranged overdrafts are repayable on demand. This means you will have to repay the overdraft in full when asked to do so. You may need to provide security for overdrafts.
Details
The reference rate used for online overdraft applications is Bank of England Bank Rate.
We will add a variable margin to the reference interest rate.
Overdraft facilities are usually subject to an overdraft set up fee. We will review the facility, usually every 12 months, and charge an annual fee.
Overdraft set up fees and renewal fees are negotiable. Details of the amount, rate of interest and fees charged will be confirmed when your application is agreed.
FAQs
Additional Information
Whether we provide credit depends on your circumstances, and you must be 18 or over. Lending terms and conditions apply.
Arranged overdrafts are repayable on demand. This means you will have to repay the overdraft in full when asked to do so. You may need to provide security for overdrafts.
If your account goes into debit balance but you do not have an arranged overdraft in place, we will charge you 'unarranged overdraft interest' on this balance. For more details, see our Interest Rates brochure.
Our systems may be temporarily unavailable when we are carrying out routine maintenance.
