The NMB Overdraft Facility gives you the financial flexibility you need by allowing your business to overdraw on your NMB Business Account. This will provide your business the comfort of having access to additional funds when your bank balance is running low.

 Who can qualify for this account?

  • Applicants must be at least 18 years of age
  • At least three years’ experience operating the same or a similar business
  • The business must be located within a location served by an NMB branch
  • The business must have a steady cash flow
  • Applicants must have a proper recording system and demonstrate the capability of operating business profitably
  • Applicants must have a premise (owned or rented)
  • The borrower must have a business license/permit from local authorities in his or her own name
  • Applicants must have a good reputation in the community
  • Applicants must open or have a NMB Business Account or NMB Business Account Plus with NMB

For further assistance, please contact your nearest NMB branch or call - 0800 002 002.