Card readers
Accept card payments with our wide range of face-to-face solutions.
How to start a business
Useful guides, resources and products to help you through the process.
Early preparation for your new venture
Starting a business is an exciting step for any entrepreneur, and one that requires careful consideration before launch. From writing a business plan to understanding your market, this section focuses on some areas you may find useful before putting your plan into action.
7-step plan before starting your own business
This simple checklist runs through 7 important areas to think about before you start a business.
Is self-employment right for me?
From the advantages of working for yourself to financial responsibilities, this guide shares key topics you may consider before making the move to self-employment.
Turning business ideas into action
Young Brits are buzzing with new business ideas and a growing number of them are taking the opportunity to create their own start-up.
A business bank account to get you off the ground
Get free day-to-day UK banking for your first year when you stay in credit. Benefits include:
- No monthly account fees
- Free electronic payments
- Borrow up to £5,000 across a Business Overdraft or Business Credit Card*
After your first year, it’s £8.50 per month. Apply for an account online. Sole traders can apply within minutes by downloading our app.
Laying the groundwork for success
So you’ve decided to set up a new business, but what next? These guides and articles will help you navigate the early launch phase by focusing on financing and if you need to open a business bank account.
Why open a business bank account
Limited companies need to open a business bank account for their new business but there are advantages for sole traders too who want to separate their personal and business finances.
Save for future bills with business savings accounts
Put money aside for larger costs, like tax and VAT, so you have it when you need it. You’ll also earn interest on savings.
Free accounting software for business account holders
Connect Business Finance Assistant to your Lloyds Bank business accounts to predict cash flow, submit VAT returns and much more.
Take card payments with Cardnet®
Lloyds Bank Cardnet has a range of options for businesses taking card payments online, over the phone and face-to-face.
How to manage your business
A selection of guides and products to help with the day-to-day running of your operation – focusing on money and tax, insurance, and people.
Growing your business
A selection of products, case studies and guides to help you look to the future and expand your operations.
*Apply online once your new Business Current Account is set up and you’ll get an instant decision. Eligibility for lending will be assessed as part of a separate application, and there is no guarantee of lending being granted. All lending is subject to status.
Important legal information
Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH.
Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is a wholly-owned subsidiary of Lloyds Bank Corporate Markets plc. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH has its registered office at Thurn-und-Taxis Platz 6, 60313 Frankfurt, Germany. The company is registered with the Amtsgericht Frankfurt am Main, HRB 111650. Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH is supervised by the Bundesanstalt für Finanzdienstleistungsaufsicht.
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.
While all reasonable care has been taken to ensure that the information provided is correct, no liability is accepted by Lloyds Bank for any loss or damage caused to any person relying on any statement or omission. This is for information only and should not be relied upon as offering advice for any set of circumstances. Specific advice should always be sought in each instance.