Business Overdraft

Business Banking > Loans

Business Overdraft

Business Banking > Loans

About Business Overdraft

Yoma Bank’s Overdraft is a short-term line of credit designed to help you meet your immediate working capital needs.

Interest is calculated daily based on the portion of the limit you use, meaning you only pay for the amount you need. If you’re seeking a safety net to manage cash flow fluctuations and respond to emergencies, our Business Overdraft could be the perfect solution.

Choose the perfect loan for you

Features and Benefits

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Quick Access to Working Capital

High Credit Limits

Flexible Repayment Options

Loan Application Requirements

  • Business license
  • Receipts of revenue tax
  • Financial statements
  • Bank statement (Last one year)
  • BOD resolution/ Meeting Minutes of loan
  • Sales vouchers or purchase vouchers, along with summaries
requirement
More Information

For more information, please contact the nearest Yoma Bank branches.

 

Before you apply, please review the following information

Loan Details and Terms

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Loan Terms
Maximum TermUp to 12 Months
Interest*13% – 15% per annum*
Establishment fee 1%
Non-utilization fee 1%
Renewal fee 0.75%
Note

* Rates may be subject to change. (Interest is calculated daily and charged monthly.)

  • Each year, the overdraft balance must be zero (paid in full) for at least two weeks.
  • The overdraft is designed for short-term financing needs and should not be used to finance the purchase of fixed assets.

Business Overdraft

Frequently Asked Questions

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The available loans are:

For more information, please contact Yoma Bank’s 24/7 call center – 9662 or 097 9662 9662 or Yoma Bank official Facebook page, or go to the nearest branch during operating hours. Don’t forget to bring your NRC.

Read all FAQs

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