Business Overdraft - Business account | Ulster Bank


Boost cash flow with a business overdraft

Financial support so you can focus on your business

To apply online you must be trading as a sole trader, partnership or limited company in Northern Ireland. Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only.

Any property or asset used as security may be repossessed or forfeited if you do not keep up repayments on any debt secured on it.

Important information


You can tailor the term to suit your needs - Up to 12 months.

Pay interest on the amount you use

Interest rate is variable and linked to either *Base rate or three month LIBOR rate

Security may be required

1% Arrangement fee applies (subject to £150min) (pro rata for temporary facilities).

*Base rate and LIBOR rate
Lending Rate %
Ulster Bank base rate (Effective from 2nd August 2018) 0.75%
3 Month Libor Rate (Effective from 23rd January 2020) 0.65%



All lending is subject to financial status and conditions and is for business purposes only.

You must be over 18 years of age

You must be resident in the United Kingdom

Application takes approximately 8 mins to complete

Simply tell us:


How much you would like to borrow and over what term


The purpose of the overdraft


Details about you and your business

We'll give you a call

We're keen to get to know you and your business. Once we've received your application we'll give you a call to run through your business finances.


Once we have the information we need, we aim to give you a decision within 2 working days.

Get started

Important message


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. All Ulster Bank credit facilities are subject to Lending criteria, Terms and Conditions.

Business Overdraft - Business account | Ulster Bank Application declined?

As part of our commitment to you we provide a transparent and open appeals process. If you disagree with our decision and your application has been declined you can request a review via our online appeal application.

Who can appeal?


If you meet all of the criteria detailed you are entitled to make an appeal

Submit an appeal online

Appeal eligibility


  You have applied to Ulster Bank for lending

  Your lending request has not been declined due to bankruptcy

  You have submitted a formal lending application

  Your appeal related to a lending application declined within the previous 30 days

  Your annual group turnover is less than £25m

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General enquiries

Please call 0345 366 5592 (UK)

or if calling from abroad, 0044 2890 538459

Lines are open 8.30am - 5.30pm  Monday to Friday - Note calls may be recorded  Call charges



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