Practice overdrafts
Access business credit whenever you need it
Whether it’s for staff wages, paying bills or other everyday expenses, our doctor’s lending specialists can ensure you always have the funds and peace of mind to cover your practice costs.


Why choose a practice overdraft?
We compare and customise finance options from a network of lenders who recognise doctor’s unique needs - so you never miss out on the right loan.
• Flexible limits - depending on whether your loan is secured or unsecured
• Interest only repayments on funds used
• Instant access to funds - no applying for new loans
• Take money out (draw up) as you need it
• Pay down the overdraft as funds are available
• Do all your transactions instantly online
A Kooyong Group personal advisor can take you through all the benefits and limitations of practice overdrafts. If you like what you hear, they can quickly arrange the loan that best fit your needs.

We understand doctor’s business
You’ll save time, avoid frustration and secure the right overdraft with help from a lending specialist who works exclusively with doctors.
Talk to one of our experienced and knowledgeable personal advisors.
They will quickly understand your needs and plans, provide finance options and valuable insight – then arrange everything to get the funds to you fast.

Why choose a practice overdraft?
We compare and customise finance options from a network of lenders who recognise doctor’s unique needs - so you never miss out on the right loan.
• Flexible limits - depending on whether your loan is secured or unsecured
• Interest only repayments on funds used
• Instant access to funds - no applying for new loans
• Take money out (draw up) as you need it
• Pay down the overdraft as funds are available
• Do all your transactions instantly online
A Kooyong Group personal advisor can take you through all the benefits and limitations of practice overdrafts. If you like what you hear, they can quickly arrange the loan that best fit your needs.

We understand doctor’s business
You’ll save time, avoid frustration and secure the right overdraft with help from a lending specialist who works exclusively with doctors.
Talk to one of our experienced and knowledgeable personal advisors.
They will quickly understand your needs and plans, provide finance options and valuable insight – then arrange everything to get the funds to you fast.

Arrange a practice overdraft in 4 simple steps
-
1
Talk to an advisor
Discuss your unique situation and get the right loan for you.
-
2
Apply
Take advantage of our loan process that streamlines doctor’s applications.
-
3
Sign documents
Sign the paperwork and your application will be assessed.
-
4
Gain approval
If your loan is approved, in most cases you’ll have funds available within days.
Gain a client’s perspective
Discover what it’s like to have a dedicated Kooyong Group advisor on your side.
Dianne understands financial situations that are outside of the norm. She is incredibly intelligent and on point when you talk to her about what your needs might be.
Long term Kooyong Group client
Ready to know more? Get in touch to find out how we can help you achieve your practice goals
Send us an enquiryTalk to an advisor today
1300 99 22 08Before I first started working with Kooyong Group, I was doing a lot of my own research into products and services, but the information they provided me, was more comprehensive than anything I was able to source myself.
Psychiatrist, Melbourne CL Psychiatry
Frequently Asked Questions
For a secured overdraft (or line of credit) you need to use an asset as security. With an unsecured overdraft, you don’t need security against the loan. Usually, secured overdrafts come with lower interest rates.
You only get charged interest if the end-of-day account balance is negative. You can go in and out of negative balance during the day. As long as your end-of-day account balance is positive, you won’t pay anything.
Yes, you can.
Yes, it is a revolving facility that can be redrawn multiple times, as required.
Business or practice overdraft interest rates depend on whether the loan is secured or unsecured. Both are far cheaper than credit card funding which is usually 15-25%.
Your Kooyong Group advisor can walk you through the details, including interest rates on the most suitable products.
For a secured overdraft (or line of credit) you need to use an asset as security. With an unsecured overdraft, you don’t need security against the loan. Usually, secured overdrafts come with lower interest rates.
You only get charged interest if the end-of-day account balance is negative. You can go in and out of negative balance during the day. As long as your end-of-day account balance is positive, you won’t pay anything.
Yes, you can.
Yes, it is a revolving facility that can be redrawn multiple times, as required.
Business or practice overdraft interest rates depend on whether the loan is secured or unsecured. Both are far cheaper than credit card funding which is usually 15-25%.
Your Kooyong Group advisor can walk you through the details, including interest rates on the most suitable products.
Take a deeper look inside Kooyong Group
Gain valuable lending insights from our team of experts, and learn more about our commitment to the medical community and sustainable action.