Do you ever find yourself making a rush deposit to cover a transaction on your business account? TD Canada Trust Business Overdraft Protection ensures shortfalls in your Business Chequing Account are covered up to your approved limit.
You have two ways to apply for Business Overdraft Protection:
At any TD Canada Trust branch or simply by calling us at
(7:00 a.m. - 12:00 a.m. EST 7 days a week).
- Credit limits available1 from $1,000 to $10,000
- Convenient access via cheque, cash advance, The Green Machine or any automated teller machine (ATM), Easyline Telephone Banking Service or EasyWeb Internet Banking Service
- A low monthly fee that can be rebated under most service plans2
- Attached to your Business Chequing Account to reduce your interest costs since you only borrow the amount needed
- Monthly statement provides consolidated credit and deposit account activity for ease of record-keeping
- Fast and easy approval process
- No application fee required
- $10 per month standard monthly fee applies
- FREE for chequing accounts with all TD Every Day Business and TD Unlimited Business Plans and Community Plans with $10 monthly fee rebated
- Personal guarantee of business owner(s) required
Protection for your business borrowings
Business Credit Life Insurance3 can help meet the financial obligations of your business should a person who is key to the success of your business die or suffer a covered accident. Learn more about protecting your business.
TD VENTURE Line of Credit VISA*1
Gives you access to an operating line of credit with convenient credit card access. Click here for more information.
1Business Overdraft Protection is available only on Canadian dollar accounts. Subject to complying with TD Canada Trust lending policies and criteria.
2$10 monthly fee rebated for TD Every Day Business, TD Unlimited Business and Community Plans
3Business Credit Life Insurance provides group life coverage, underwritten by Sun Life Assurance Company of Canada and accident coverage, underwritten by TD Life Insurance Company. Complete details of benefits, exclusions and limitations are contained in the Certificate of Insurance.