ANZ PNG
Papua New Guinea
Corporate & Commercial Banking
Business Lending Services
-Overdrafts
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Overdrafts
An overdraft can provide your business with the funds required to comfortably move through your trading cycle. Intended to meet your short term working capital requirements an ANZ overdraft facility is there to help. Please contact us to discuss the needs of your business with one of our lenders, or if you prefer we can make arrangements to visit you.
Features
  • Line of credit with total flexibility to meet your cash flow requirements.
  • You only pay interest on the overdrawn amount.
  • No fixed regular repayment requirement.
  • In most instances, ANZ will require security, depending upon the relationship with the borrower and the nature of the facility requested.
  • ANZ will generally require up to date financial statements to assist in the assessment of your application.
Terms and Conditions
  • Approval is subject to satisfaction of ANZ’s normal credit approval criteria.
  • Full terms and conditions will be detailed in ANZ’s offer letter, or can be discussed with one of our lending representatives.
Interest Rates
Calculated on the daily overdrawn balance and charged to the account on the last business day of each month.
Current interest rate is available on application.
Penalty interest applies if the approved limit is exceeded.
Would you like more details?

PhonePhone: ANZ Business Banking Unit on (675) 322 3333
EmailEmail: anzpng@anz.com