Rural Bank Seasonal Overdraft

This daily working capital facility enables primary producers to finance short-term production costs and cover cash flow short falls. It’s flexible and can be structured to meet your business needs as either a trading or cash flow limit.

Suitable for	Primary producers requiring access to additional funds for seasonal expenses.
Benefits	Access to funds for seasonal inputs as needed. Flexibility – funds can be accessed via a range of methods, including Internet and Phone Banking, Visa Debit card or business chequebook. Overdraft must be required for predominantly business purposes.
Eligibility	Must be a primary producer. Must be at least 18 years of age and hold Australian residency. All applications are subject to credit assessment. For further information, please refer to your District Banking Manager.
Minimum loan amount	$20,000
Loan term	1 year – the facility is subject to annual review.

 

To find out more about how Elders can assist with your finance needs, contact your local Elders branch.

 

This information has been prepared without taking into account your personal circumstances, objectives, financial situation or needs. Special legislative requirements must be adhered to. You should consult your taxation advisor. Terms, conditions, fees, charges and lending criteria apply and are available by phoning the Rural Bank Customer Service Centre on 1300 660 115, online at www.ruralbank.com.au, or by visiting your local branch. All information is subject to change. Products are issued by Rural Bank Limited and distributed by Elders Rural Services Australia Limited. Rural Bank Limited ABN 74 083 938 416 AFSL 238042. Registered office: Level 1, 27 Currie Street, Adelaide SA 5000.