An overdraft facility is suitable for those who want flexible financing of day-to-day operations.
Overdraft facility - a flexible credit limit
An overdraft facility is one of the most common forms of financing for companies. Basically, it provides access to credit which is helpful when you need to pay short-term expenses.
It often takes a little time from the invoice being sent to receiving payment from the customer, and an overdraft facility is often the right product to cover the need for cash in this period.