Because sometimes things just happen.

We offer three options to protect your business from accidental overdrafts and give you the peace of mind that comes from knowing you're covered.

  Overdraft LinkBusiness Ready Cash ReserveBusiness Maximizer®Lines of Credit
Overdraft Coverage

Link your checking account to your Montecito Bank & Trust savings account.

Link your checking account to a line of credit that is specifically designed to provide overdraft protection

For overdraft protection coverage needs of $10,000 or more, our working capital line of credit, Business Maximizer Express Line of Credit or Business Maximizer Line of Credit, can serve as overdraft protection to your business checking account.

How does it work? If you accidentally overdraw your checking account, available funds in your linked account will transfer to cover pending debits. Upon credit approval, funds in increments of $500 will transfer from your line of credit to your checking account to cover your checking overdrafts, up to your approved and available credit limit.  
Rates and Fees (other fees apply and are included in the agreements) There is a $10 fee assessed against the account funds are transferred to each time an Overdraft Link transfer if made. The fixed Annual Percentage Rate (APR) is 18%. Interest is charged when the line of credit is accessed creating an outstanding principal balance. Minimum monthly payments are accrued interest plus 2.78% of outstanding principal balance, or $100, whichever is greater. Fees apply.  

To apply for a Line of Credit, call us at (805) 963-7511, or just stop by one of our convenient branch locations.