Business Overdraft | Ulster Bank

Business Overdraft

Boost your cashflow and grow your business

Overdrafts are available to existing customers only. Applicants must be over 18 years of age.


Please note:

If you exceed your overdraft limit without prior authorisation, fees and charges will apply. See A Guide to Business Current Account Fees brochure for more details

Is a Business Overdraft right for you?

  Tailor the term to suit your needs - available for up to 12 months

  Interest is connected to the *Cost of Funds.  It is calculated daily and charged to your account quarterly 

  Arrangement fee may apply 

  Security may be required

Lending rates

Lending Rate %
AA1 Overdraft / Loan (Effective from 20th May 2009) 8.45%
Cost of Funds (Effective from 19th September 2019) * 0.38%
Cost of Funds (Pre 2012 calculation and definition) (Effective from 19th September 2019) * 0.23%

* To find out what rate applies to you, click here.

Add your signposting title here… Apply via our online application
  • Apply online in just 20 minutes - don't forget to have your annual accounts or projections to hand
  • Provide an email address in your application and get updates every step of the way
  • We'll do our very best to give you a decision within 5 working days 
  • If we need additional information we won't waste your time - we will let you know within 1 working day
Apply online

Important Information

Credit facilities are subject to status and conditions. Security may be required. Applicants must be over 18 years of age. Formalities include the use of Credit Reference Agencies who will note that an enquiry has been made about you. If you borrow and do not repay in full, within the agreed terms, Credit Reference Agencies may be advised and will note the outstanding debt. This may affect any future applications for credit facilities through the Ulster Bank Group of Companies or other lenders.

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General enquiries

1850 211 690 (Republic of Ireland)

0345 366 5592 (UK)

Or if calling from abroad 0044 2890 538459

Lines are open 8.30am - 5pm  Monday to Friday - Note calls may be recorded

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