Business Overdrafts

All businesses need to be flexible, so it’s good to be ready for the unexpected. A business overdraft will make sure that extra funds are available when you need them.

• Be ready for the unexpected
• Only pay interest on the funds you use
• Apply for an amount to suit you

• We will meet every reasonable request for competitive commercially-priced finance (whether short-term or long-term) from viable business customers
• We will not change the availability of overdrafts during the period of a customer’s agreement, as long as their accounts are kept within agreed terms and limits
• We will do our best to support any viable business through temporary difficulties and into recovery

Any property given as security which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it.
All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.

View our business lending rates including arrangement fees

Tell us about your plans and needs, we will then agree the interest rate with you and let you know if we require any security. An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the overdraft.

Other finance options available

• Base Rate Loan
• Fixed Rate Loan
• Financing your business