JobKeeper payments are paid monthly in arrears, so you may wish to consider applying for an overdraft (or an increase to an existing overdraft) to help with your cash flow. This specific overdraft is a temporary facility that’s only available to existing Bank of Melbourne customers, and only while your business remains eligible for the JobKeeper Payment scheme. This offer can only be obtained until 3 January 2021, and Bank of Melbourne reserves the right to reprice, amend, extend or withdraw the offer at any time. Withdrawal means you will be required to repay the overdraft.
If you require funding for a different purpose, please refer to our other lending solutions.