Business Overdraft Line of Credit

Make sure all your payments go through.

Prevent disruptions due to account shortfalls.

With an Overdraft Line of Credit, funds are automatically transferred into your business checking account whenever there's a negative balance.

  • Provides financial backup
  • Competitive rates
  • Automatic transfer of funds

A positive way to handle periods of negative cash flow

Even smaller businesses often handle dozens of transactions each day, with money flowing into and out. On rare occasions, the timing of a withdrawal might leave your checking account with insufficient funds. When that happens, an Overdraft Line of Credit can cover the difference, ensuring that your payments go through and helping your business avoid returned check fees.

  • Minimum credit amount of $1,000
  • Maximum credit amount of $5,000
  • Covers both paper check and electronic transactions
  • Interest charged only when money is drawn from credit line

Patriot Bank is a full-service financial institution with branches in the Connecticut counties of Fairfield and New Haven, as well as in Scarsdale, New York.

This is not a loan commitment. All loan requests require an application and are subject to the Bank’s credit underwriting process for the requested loan.