Business Overdraft
If Covid-19 is affecting your business, an overdraft will allow you to continue to operate your current account within an agreed limit
An overdraft is an extra support, giving you more security, flexibility and control over your cashflow. You’ll only pay interest on the amount you use, with no fixed repayments. The interest rate is 7.85% variable.
As an example, this interest rate means that the total cost of credit for a business overdraft of €25,000 is €2,034.60
Ways to Apply
ONLINE
BY PHONE
IN BRANCH
Tools
Cashflow Planner for Farmers
A comprehensive and structured framework for managing your cashflow
Small Business Cashflow Planner
A comprehensive and structured framework for managing your cashflow
Important/Regulatory Notice
Warning: The cost of your repayments may increase
Warning: You may have to pay charges if you repay early, in full or in part, a fixed rate credit facility.
However AIB will not apply charges if you repay this €0 to €60k SME Fixed Loan early.
Terms and Conditions
Lending criteria, terms and conditions apply. Credit facilities are subject to repayment capacity and financial status and are not available to persons under 18 years of age. Security may be required.