In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

Shift Business Overdraft

  • Avatar
Shift Business Overdraft
Upfront Fee
Max. Loan Amount
Loan Term
1 month to 5 years


Take out an overdraft of up to $1,000,000 to better manage your business cash flow and only pay interest on what you use.

3 things to consider about this product:

  • Variable annual rates: The Shift Business Overdraft has variable rates between 14.95% - 23.95%.
  • Fees: There are no establishment fees but there is an annual fee of $495 or $795 depending on limit.
  • Weekly repayments: Your loan will have weekly repayments.


  • Maximum loan of $1,000,000
  • Transfer money between accounts instantly
  • Only pay interest on what you use, not the limit


  • You must have been trading for at least 3 years
  • Annual fee of $495 or $795 depending on limit
  • Interest rates can reach 23.95%

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question


Product details

Product Name Shift Business Overdraft
Min. Loan Amount $10,000
Max. Loan Amount $1,000,000
Loan Security Unsecured
Upfront Fee $0
Loan Term 1 month to 5 years

How does the Shift Business Overdraft work?

The Shift Business Overdraft and Business Loans are available exclusively for business owners. The overdraft allows established businesses some breathing space to manage their cash flow. It can be used for any business purpose.
Connected to a business transaction account, you can transfer money between accounts seamlessly. You only pay interest on the funds that you use in the overdraft, rather than the entire limit. The limit is set based on the size or turnover of the business.

How to apply

Apply for Shift by clicking on the ‘Go to Site’ button below and filling out the simple application form. You’ll need the following personal information at hand while applying:

  • Your ABN
  • Personal details including your email, date of birth, home address and mobile number
  • Personal identification e.g. drivers licence or passport number
  • Details of your business bank account

What features does Shift offer with its business overdraft loans?

These are some of the features you can expect with a loan from Shift.

  • Flexible overdraft limits. You can apply for a business overdraft from $10,000 to $1,000,000.
  • Limits under $300,000 approved within hours. Business loans under $300,000 can be approved within hours, with no paperwork required.
  • No extra repayment fees. You won’t face any additional fees if you decide to make extra repayments or pay out your overdraft early.
  • Weekly repayments. With a Shift business overdraft, you’ll make weekly repayments.
  • Flexible business banking. Connect any business transaction account to transfer as little or as much as you need.

How much does the loan cost?

The cost of your loan will depend on your circumstances and business data. Here’s a general outline of the costs you can expect:

  • Variable annual percentage rates. 14.95% - 23.95%.
  • Annual fees. $495 - $795.

Is there anything to be aware of?

This platform is only available for business loans, so you’ll need an ABN to be eligible. Additionally, you’ll need to have 3 or more years of trading history to be eligible for a Shift business overdraft.

Eligibility criteria

To be eligible for this product you must be

  • Over the age of 18
  • Have a valid ABN
  • Have 3 or more years of trading history

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question

Rebecca Finder

Senior writer

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Go to site