Category

Small Business Banking

Whether you’re just starting a new business, are an established SME or a sole trader, our small business banking section has an extensive selection of useful guides and advice for those seeking the best business bank account for their enterprise.

Key banking issues for UK entrepreneurs include bank charges, account fees and transaction costs, overdraft facilities, business credit cards, savings accounts, and business support services – all of which we cover here.

What is the Business Banking Resolution Service (BBRS)?

BBRS chairman Lewis Shand-Smith answers your questions about how to use the SME banking dispute resolution service

Small Business Banking

Small Business Banking

Small business banking dispute service costs £23m to set up

Business Banking Resolution Service hopes to pay out first damages to small businesses by summer

Business Loans

Covid debt drowning small businesses to the tune of £104bn

Bank lending to small businesses rockets by 82% as owners scramble for Government coronavirus support

Business Loans

Banks set to scrap plans for Bounce Back Loan debt collection agency

Lenders abandon plan for single emergency Covid-19 loan repayment agency, saying it would be too complicated

Small Business Banking

No high street banks are accepting fresh Bounce Back Loan applications

Even though the deadline for the Bounce Back Loan has been extended, thousands of small businesses will still struggle to secure one

Small Business Banking

HSBC will not accept any more Bounce Back Loan applications

Bank says it needs to process existing Bounce Back Loan applications and clear backlog before November 30 cut-off

News

Rishi Sunak to extend government coronavirus business support

Chancellor Rishi Sunak expected to extend Coronavirus Business Interruption Loan Scheme, Bounce Back Loans and Future Fund until end-November

Business Loans

Lloyds rapped for forcing Bounce Back Loans borrowers to open accounts

Lloyds Banking Group forced SME owners to open fee-charging business accounts if they wanted to borrow state-backed emergency coronavirus funding

News

Rishi Sunak to extend government coronavirus business support

Chancellor Rishi Sunak expected to extend Coronavirus Business Interruption Loan Scheme, Bounce Back Loans and Future Fund until end-November

Business Loans

Lloyds rapped for forcing Bounce Back Loans borrowers to open accounts

Lloyds Banking Group forced SME owners to open fee-charging business accounts if they wanted to borrow state-backed emergency coronavirus funding

Business Loans

Banks ‘will be pushed’ into closing down SMEs unable to repay Covid debt

Treasury turns deaf ear to setting up bad Covid debt bank, pushing banks into foreclosing on SMEs unable to repay government loans

Small Business Banking

What do SMEs think is the best business bank account? – survey

Swedish bank Handelsbanken overwhelming favourite when it comes to small businesses recommending a bank to others

News

Business Banking Resolution Service opens doors in November

Business Banking Resolution Service will investigate disputes between high-street banks and SMEs going back to 2001

Small Business Banking

B-North plans to lend £1bn to small businesses within four years

New small business lender B-North to rebrand as Bank North if banking licence is approved within weeks, lending an initial £50m to SMEs to test the water

Business Technology

How to keep your small business safe online

Here's how Security Service Edge from Vodafone can help to protect your SME from ever-increasing cyber threats

Business Technology

How to grow a global creative agency in record time

Find out how creative agency, Myth Studio, used technology to grow their business and quadruple their staff count in 18 months

Partner content

Attracting and keeping top talent through Total Reward

Employment benefits specialist, Drewberry, explain why you should base your benefits around a Total Reward Strategy

Partner content

5 things every small business owner needs to know before starting

HSBC - Advertising feature