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Starting a business

When you’re immersed in a business, it’s reassuring to know that your commercial and personal finances are well looked after.

We’ll aim to support your financial goals whatever your business or ambitions. Together your Private Banking and Advice Manager and one of our Commercial Relationship Managers  can discuss your needs, whether you’re:

  • Starting a business
  • Planning for the future

How we can help

According to research by Lloyds Bank Insurance*, 25% of Britain’s workers want to start a business. A surge of entrepreneurial enthusiasm, however, can mask the risks of starting and running a business through its early days — often the most challenging time.

We strongly believe in supporting business start-ups, and will work alongside you to overcome the challenges and protect you from the risks involved.

*     Date of article: 28/11/2014  “ Big Issues for Small Businesses III – Entrepreneurship”

Protecting your business

Running a business always involves an element of uncertainty. This uncertainly can include the risk of loss or damage to the assets of the business.  Most businesses tend to insure their premises, contents and material assets against fire and flood. Assets can be rebuilt and products replaced, but many businesses don't think about their most important assets – their people.

You may wish to consider this, if you are interested in seeking advice then have a look at or regarding the following options:

Key person protection can help safeguard a business against the financial effects of death, terminal illness and specified critical illness of your key employees. The cover can provide a financial buffer in the event of a key person being unable to make their normal contribution to the business, either on a permanent or temporary basis.

Business Loan or Mortgage protection helps the business pay any outstanding borrowing should the persons covered die or become diagnosed with a specified critical illness.

Director Share Protection/Limited Liability Partnership Share Protection could provide money so that should one of the shareholding directors/member in a business  die or suffer a terminal illness, the remaining shareholders/members in the business may be able to afford to exercise an option to buy the deceased shareholder‘s interest from his or her Estate.

Relevant Life Cover is a tax efficient way for employers to provide death-in-service benefits to individual employees outside of a registered group life scheme.

Planning for the future

Our Private Banking and Advice Managers can  help you to draw up a personal financial plan that aims to set you and your business on the right, long-term track.

We will be transparent about our fees for advice. Read more in our Eligibility and fees section, and about the professional standards we adhere to at

Preparing for growth

Most businesses reach a watershed moment when they want to adjust their strategy to grasp the potential for growth. Together your Private Banking and Advice Manager and one of our Commercial Relationship Managers can provide guidance on managing your business.

Company Pensions

We can help you structure an attractive company pension by advising on individual pensions or making a referral to Scottish Widows  for a group pension scheme

Before any services or products are provided to you we will explain what advice we can give and what products and services this covers, and any advice or product charges that apply and agree these with you.


Book an appointment

Get in touch with one of our Private Banking and Advice Managers.

No charges for the initial meeting to discuss your individual circumstances and objectives.

No obligation to take any of our services or products.



Speak to us

You can call us to arrange an appointment or ask a question.

Lines are open Monday to Friday from 09:00 to 17:00 (Tuesday and Thursday until 19:00) and Saturday from 09:00 to 13:00. Excluding Bank Holidays. Call cost may vary depending on your service provider.