Overdraft facility
A flexible working capital facility to strengthen liquidity and meet temporary needs
Better liquidity
An overdraft facility (or business credit line) gives you immediate access to working capital without locking yourself into a traditional loan. Draw only what you need, and pay only for what you use.
Flexible financing
Handle temporary liquidity gaps, seasonal peaks and sudden expenses. The facility is always there when you need it.
A smooth process
We run the entire process, from application and negotiation to approved facility. Save time, skip the hassle, and focus on what moves your business forward.
How does it work?
Apply digitally
Complete the application in our portal.
Initial answer within 12 hours
We analyse the deal, gather the supporting documents and come back with a decision.
Credit line in place
We send out the credit agreement, and once it is signed your credit line is ready to use.
What is an overdraft facility / business credit line?
An overdraft facility (also called a business credit line or working capital facility) is a flexible credit linked to the company's account. You are given a credit limit that can be drawn on when needed. Interest is paid only on the amount you use, and only for as long as it is drawn.
What does an overdraft facility / business credit line cost?
The cost usually consists of two parts:
- A fixed annual fee (commitment fee) based on the approved credit limit
- A variable interest rate (utilisation interest) on the amount you actually draw
Frequently asked questions about overdraft facilities
What security is required for an overdraft facility?
A personal guarantee is normally required. For larger amounts, mortgages can be provided as security.
What does it cost to use your services?
An assessment costs nothing. We go through the deal and come back with a proposed structure and clear terms before you decide. No hidden fees.
What interest rate applies to an overdraft facility?
The interest rate is set individually, depending on the company's finances and turnover. You always get a clear quote with the terms specified.
How large a facility can be approved?
The amount is set according to your company's turnover. We arrange facilities from around SEK 50,000 up to several million.