Business Overdraft

Our committed overdraft facility could give your business the advantage of greater freedom and flexibility. So whether you've got future plans you want to put into action - or simply have some unexpected expenses to pay - that extra flexibility can always come in handy.

The committed overdraft facility means that your facility will be guaranteed for 12 months from the date of agreement. It is subject to customers staying within their agreed terms and conditions.

• Flexible terms - we could agree an overdraft for any period up to one year
• Instant access - with our committed overdraft, your funds are ready to use when you need them
• Borrow what you need - our business manager will agree your borrowing limit with you
• Only pay interest on what you use - Interest is charged only on the amount drawn and calculated daily.

Overdrafts Arrangement Fees

Our arrangement fee covers the cost of discussing, assessing and setting up your overdraft, plus our ongoing costs during the term of the facility.

Here are our normal overdraft fees. They may vary, depending on your specific needs.

Business Buffer zone – overdraft of £500 available to Start up Businesses only – fee free for the first year, £50 in the second.

Security may be required. Over 18s only