How to get a Business Loan when an Account is overdrawn

This article covers 3 options on how to get a business loan when an account is overdrawn.

Apply for low balance programs below now that can get you approved if you have a current or a business account with excessive overdrafts.


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Call 919-771-4177 for more info.


Can I get a business loan with an overdrawn account?

Yes, there are several solutions for approval to get funding fast when your account is overdrawn.

How can we get business funding when our account has been overdrawn?

Occasionally overdrawn accounts are expected and can be funded. You are matched to one of several programs that fits your situation. How much and long it has been overdrawn is reviewed and matched to the best programs.

How much can we get after being overdrawn?

Your sales in the current month and time in business are important in evaluating an offer. Average balances and sales in the last three months are also looked at. Programs consider low recent sales.

3 Options for an overdrawn business account.

  1. Step 1 You can apply while being overdrawn, however it is best if you can make it positive during the application process. The processing may go quickly and a bank verification may be done before you have a chance to make a deposit it into the positive.
  2. Step 2 Keep funds in the account until closing because the lender may do a DecisionLogic check anytime before closing.
  3. Step 3 Pass bank verification.   The lender will verify your account, including the balance and also the most recent activity in the last few weeks.


Call 919-771-4177 for more info.

Follow these instructions to find out how to get a business loan when your account is overdrawn

Next steps when your business has already been declined

When your company is  declined for a business loan request  for having a negative balance, it will be difficult to get approved in the next 30 days.   Many funding sources do not want to fund to a business that is now, or was recently overdrawn.

The minimum balance they want to see is at least $500, even with no overdrafts.   Lenders like to see the average daily balance of  $1,000 or more.

The lender may tell you they will re-consider your request once your account has been in the positive for 30 days.   You can do this, but most businesses do not want to wait.   What can you do?

Apply with another lender

This may be your best choice if the account is now in the positive and the lender will not re-consider the request for 30 days.   In this case, choose another lender and apply.     If you are still overdrawn, then wait until you can get to a positive balance.   Lenders will not fund if they verify balances and find out there is a negative balance.

Other business loan options

Asset based loan

Another option is also a loan against equipment, also called a loan on collateral.   This type of funding is between 24 and 48 months with a monthly payment.    Equipment such as construction equipment and also semi-trucks may qualify.  Trucks must be 2009 and newer.

Unsecured Options 

Accounts receivables financing or bank statement loans to get capital.   You may be able to get the capital the business needs this way.

Your main customers are likely factoring for other clients just like you and you are unlikely the 1st one they are factoring.

Contact us@ 919-771-4177 to discuss these approvable loan options, or apply above now.

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