The purpose of the CalBank Retail Overdraft Facility is to bridge occasional short falls in working capital for the business. Other benefits of the offering are:

• A dedicated relationship officer to handle all activities in relation to the facility
• Access to flexible terms and conditions
• Access to funds within the shortest possible time upon meeting the requirements of the Bank
• Access to competitive charges etc
• A tenure of 12 months
• An applicable arrangement & processing fee

• SME and Individual clients are eligible

• The business should operate a preferred business account with the Bank
• Submission of the current company registration documents from the Registrar General’s Department
• Submission of 6 to 12 months bank statement (if your company operates another account with a different bank)
• Submission of the last three years’ audited accounts (when ready) or submission of management accounts
• Submission of cash flow projections for the borrowing period. This normally applies to Limited Liability Companies