Organization Overdraft Loan

It is type of overdraft loan this loan invest for organization
1.The time period of this loan could be 1 years.
2.Customer can borrow 60% of valuation amount.
3.Customer can pay interest monthly/quarterly and principal re-nameable.
4.Service charge of this loan is 2%.
5.Interest rate must added 5.5% on Base Rate 9.72%.