Firstly, every case will be assessed individually, if necessary discussing with you your specific circumstances, to ensure you get the facility that is right for your business.

Secondly, our overdrafts are unsecured and have a very competitive rate of interest

• Unsecured, so you don't have to pay solicitors fees to arrange security and your home or other assets are not at risk *
• Interest is payable only on the amount you overdraw, and only on the days the account is overdrawn
• Our competitive interest rate is linked to base rate, so if base rate falls, so does your interest rate
• Easy access via the Business Bank Account, using cheques, e-banking, telephone banking or Abbey cash machines

Please note that an Overdraft is only available on the Business Bank Account and is not available on the Business Reserve Account.

* For limited companies there may be solicitors fees for witnessing Directors Personal Guarantees, and assets may be at risk if we seek repayment of a facility through the courts.