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.
My bank is forcing me to restructure my overdraft into a loan. It will be more expensive and in 4-6 months time I may not even need an overdraft. Through circumstance I have never signed a directors' guarantor for the overdraft. Can they still force me into this position?
Rory Earley, CEO of Capital for Enterprise, breaks down the concept of the Business Bank and what small businesses can expect from such an institution.
My business partner and I recently were rejected for a business account application. (My credit score is excellent). Is a credit check performed only on a company director (my business partner) or the company secretary (myself) as well?
Have you taken out a loan or a credit card in the last 10 years? If so, you may have been mis-sold loan insurance, and could claim compensation for this.
Have you taken out a loan or a credit card in the last 10 years? If so, you may have been mis-sold loan insurance, and could claim compensation for this.
So why aren’t banks lending to small businesses? Rose Lewis, a partner at financial consultancy Pembridge Partners, outlines what banks want to see from SMEs before agreeing to show the money.
Landlines as we know them will be scrapped in 2027 – along with a raft of upcoming business changes. Here's how to ensure your communications set-up is fit for whatever the future brings