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    Business Overdraft

    Ensure extra funds are available to you, for when you might need them.

    Support for our customers impacted by COVID-19

    No arrangement fees for new overdrafts or overdraft limit increases.

    What is a Business Overdraft?

    A Business Overdraft can provide you with a safety net – because we know that your cash flow can be impacted by situations out of your control.

    Have the confidence that you have the cash flow you need for day to day spending, and peace of mind that payments will be made as long as you stay within your limit.

    Features and benefits

    • Simple pricing
      Flexible borrowing that can be adjusted to suit your requirements, and easy to understand pricing for unsecured overdrafts up to £25,000 (varies with the Bank of England bank rate).
    • Apply for a limit that suits your business, and only pay interest on funds you use
      Overdraft limits start at £500, and if you set up a planned overdraft you will only pay interest on the funds you’ve used.
    • Once approved, you will have immediate access to funds
      Avoid any unauthorised borrowing charges by having funds available when you need them. 

    Keep in mind

    • In the event that the Bank of England bank rate moves, your interest rate will move immediately by the same amount without any prior notice to you.
    • Usage fees or annual fees will apply depending on the amount you borrow.
    • If you borrow more than your planned overdraft limit, unauthorised borrowing charges will apply. 

    Business turnover between £0-3 million

     

    Business turnover between £3m-£25m

     

    Get a Business Overdraft quote

    See how likely you are to get a Business Overdraft without affecting your credit rating. View indicative interest rates and repayment details. 99% of customers who used this tool and opened the same product received an offer rate that was the same, better or no more than 10% above their indicative quote.

    Get a quote nowopens in a new window

    • You can apply for a Lloyds Bank Business Overdraft if:

      • You’re aged 18 or older
      • You’re a sole trader, partner or company director with authority to borrow on behalf of your business
      • You require the overdraft for business use. 

    • Business Loans

      Whether you need cash to solve an unexpected problem or to make the most of an opportunity, we’re here to help with our Business Loans. 

      Find out more

      Credit Cards

      Our Business Credit Card provides a useful tool to pay for everyday expenses, and could improve your business’s cash flow.

      Find out more

      Invoice Finance

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

       

      Find out more

      Asset Finance

      Replace or invest in new equipment or machinery, without tying up your funds.

      Find out more

    Lending appeals

    Appeals for borrowing. Business finance declined? You can ask for the decision to be reviewed.The right type of funding can play a vital role in helping your business reach its potential. If your lending application is declined, we will work with the British Bankers’ Association to pursue any raised appeals.

    More about lending appeals

    Help and support

    Talk to us

    If your business has a turnover between £0-3m call 0345 072 555

    For businesses with a turnover between £3m-£25m call 0800 022 4395

    We’re available from 9am to 5pm, Monday to Friday, except public holidays. 

    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 our a credit check on you are 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.

    Important legal information

    Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Telephone: 020 7626 1500

    Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

    Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

    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.