Business Overdraft

With our Business Overdrafts, you can make sure that extra funds are available for when you need them. Apply for an amount that suits you, and only pay interest on the funds you use.

Features and benefits

  • Make sure extra funds are there when you need them.
  • Only pay interest on the funds you use.
  • Apply for a limit that suits your business.
  • Read our charter to find out how we're committed to lending to businesses.
  • The interest rate you will pay on your overdraft is linked to the Bank of England Bank rate, which may change from time to time.

We know it’s important to have an overdraft you can rely on. If your request is reasonable, we’ll grant it. We also promise not to change the availability of your extra funds as long as you keep within the agreed terms and limits.

Tell us about your business’s plans and needs. We will then agree on an interest rate and let you know if we require any security. You’ll pay an arrangement fee of up to 1.5%*, which is related to the amount you borrow, and we’ll discuss the terms with you before any overdraft is taken out.

To apply for our Business Overdraft, you should:

  • Require the overdraft for business use.
  • Be a sole trader, partner or director with authority to borrow on behalf of your business.
  • Be aged 18 or over.

An arrangement fee of up to 1.5%* applies and is related to the amount you borrow.

Find out moreabout a business overdraft

Lending rates for overdrafts apply.

Find out moreabout lending rates

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Pay suppliers and settle expenses without needing to wait for invoices to be paid.

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Fixed Rate Loan

Fixed monthly payments can help you to plan your finances with more certainty.

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Commercial Fixed Rate Loan

Repay a consistent monthly amount for the entire length of your loan term.

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Loans and finance

Our lending products are flexible enough to accommodate almost any business plan.

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How to apply

Enquire online

Completing our online enquiry form takes about 10 minutes. Once we receive it, we'll contact you to discuss your business needs in more detail.

Enquire onlineabout our Business overdraft

On the phone

0800 022 4378Call telephone number 0800 022 4378

Call us to talk to one of our relationship managers. We are available from 9am to 5pm Monday to Friday.

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Loan calculator

Calculate your total repayment with our easy-to-use tool.

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Finance selector

A convenient way to help you decide which of our finance options could be right for your business.

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Lending appeals

Appeals for borrowing. Business finance declined? You can ask for the decision to be reviewed.

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