Due to the challenging times we’re all experiencing, we’re dealing with a much higher number of calls from customers than normal.

So that our colleagues can help customers most in need, some Telephone Banking services are temporarily unavailable. Find out more.

 

Coronavirus – Supporting your business

Find out what additional financial support is available for businesses impacted by coronavirus. 

Find out moreabout how we can support you

Making your money work harder

Discover your potential interest returns with our simple calculator.

Find out moreabout potential interest returns

Business Mobile App

Pay in cheques up to £999 using the mobile app. And now you can log on using your fingerprint or Face ID on compatible devices.

Find out moreabout the business Mobile App

Enhanced online security

Soon we’re introducing new ways to log on to give you an extra layer of security in Online for Business.

Get preparedfor online banking changes

An entrepreneur guide

Yes Business Can book

Download your free copy of the Yes Business Can entrepreneur book. Wherever you are on your journey, you will find information and inspiration from a variety of experts.

Download now

Compare our Business Banking products and services

Review alternative sources of business finance and compare products and services.

We approve 9 out of 10 loan and overdraft applications*

Loans 9.3% APR representative1

Representative example: 9.3% APR based on an assumed unsecured loan amount of £8,000 with 60 monthly repayments of £165.68 at an annual interest rate of 8.90% (fixed). Total amount payable £9,940.80

Overdrafts 10.31% EAR2 representative3

Applies to unsecured overdrafts up to £25,000. Charges apply. £10 monthly usage fee payable if you go overdrawn by £50 or more. Interest calculated daily and charged monthly.

Find out more

Independent service quality survey results

Business Current Accounts

Published February 2020

As part of a regulatory requirement, an independent survey was conducted to ask approximately 1,200 customers of the 14 largest business current account providers if they would recommend their provider to other small and medium-sized enterprises (SMEs*). The results represent the view of customers who took part in the survey.

Overall service quality

We asked customers how likely they would be to recommend their business current account provider to other SMEs.

Handelsbanken 82%
Metro Bank 68%
Santander 64%
Yorkshire Bank 57%
Barclays 57%
Lloyds Bank 56%

View the full set of results

The requirement to publish the Financial Conduct Authority Service Quality Information for business current accounts can be found here

Awards and rankings

Our support of British businesses continues to be recognised by many of the leading publications within the financial services industry.

Our awards

Financial Services Compensation Scheme

Your money is protected by the FSCS logo

Due to FSCS eligibility criteria not all business customers will be covered

Find out more

We work hard to keep your personal and business data secure, which includes regularly reviewing our privacy notice. When there’s an important change we’ll remind you to take a look and share it with anyone within your business who might need to know. This is so you’re aware of how we use your data and what your options are. Please review the latest privacy notice.

*9 out of 10 is based on formal credit applications and is an average across the period September 2018 - September 2019.

1The representative APR is an illustration of the rate that the majority of customers will receive. If a loan is described as having a particular representative APR, then we expect to offer that rate or better to at least 51% of the applicants we accept. Other customers may get a different rate based on their individual circumstances.

Our representative APR applies to all unsecured loans with a borrowing amount of up to £25,000 for businesses with a turnover of up to £25 million. This figure is not necessarily the rate you will be receiving and is for illustrative purposes only.

2EAR stands for equivalent annual rate. It is the rate you would pay if you go overdrawn to the full limit of your facility for the entire year. It takes into account the interest rate you are charged as a result and how often it’s charged – in this case interest is calculated daily and charged monthly. It then takes into account the effect of compounding – charging interest on interest – on your debt. Charges for unarranged overdrafts are charged separately.

3The representative EAR is an illustration of the rate that the majority of customers will receive. If an overdraft is described as having a particular representative EAR then we expect to offer that rate or better to at least 51% of the applicants we accept. Other customers may get a different rate based on their individual circumstances.

Our representative EAR applies to all unsecured overdrafts with a borrowing amount of up to £25,000 for businesses with a turnover of up to £25 million. This figure is not necessarily the rate you will be receiving and is for illustrative purposes only.

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

*SMEs include businesses, clubs, charities and societies with an annual turnover/income of up to £25m (exclusive of VAT and other turnover-related taxes).