What does the Move money section let me do?
What does business insurance cover?
Most of these accounts are designed for small to medium-sized businesses that are just getting started, so your turnover or projected turnover often needs to be under a certain amount.
For example, most of them offer: But most of these include an option for switchers, and most banks will also offer a specific account for established businesses.
Some banks will switch you automatically onto their standard tariff while others will offer you a choice.
You may choose to shop around though, once your fee-free period is over, for a good switching deal. A comparison of business bank accounts Here they are, in no particular order.
Santander also offer a popular Business Current Account option option for more established businesses.
The small print The 18 months fee-free period is only open to existing or new business World or Santander Select customers.
The best bits of the Yorkshire Bank account You can get 25 months of fee-free banking with Yorkshire Bank. This is also open to established businesses, looking to switch.
The small print As with most other accounts, there are additional services and borrowing charges which are not part of the free banking offer. The best bits of the NatWest account NatWest offer an 18 month fee-free period, along with no annual fees on their Business Credit Card for the first 12 months.
The overdraft carries specific charges, too.
Barclays Start-up Business Account Small businesses setting up their first bank account within the first 12 months of trading. The best bits of the Barclays account The Barclays account offers 12 months of fee-free banking, along with monthly loyalty rewards, giving you the opportunity to earn back some of your future charges.
There are also two price plans, designed to give flexibility on your payments in or out. The small print Barclays do charge for non-standard transactions, such as stopped cheques and international transactions. The best bits of the Clydesdale account Clydesdale currently offer 25 months of fee-free business banking offer covers monthly account fees and service charges.
There are other charges too, for non-standard transactions. Which is the best challenger bank for small businesses? Keen to try a new way of banking?
A challenger bank is usually a smaller retail bank, set up with the aim of competing with large, long-established national banks like the ones mentioned above. So, who offers the best deal for small business banking in the UK?The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business.
We support America's small businesses.
The SBA connects entrepreneurs with lenders and funding to help them plan, start and grow their business. We offer a range of accounts, credit cards, loans, deposits and other financial aids for our personal and commercial customers.
Free banking for 18 months when you start your business with HSBC. Free Banking means that we won't charge an account maintenance fee or for payments into your account covered by our standard account charges.
After your free business banking period, we’ll give you a fixed price of £ a . HSBC is the world’s leading international bank in supporting business locally and abroad, whatever their size.
With our global experience, local knowledge and our specialized teams, we can help your company achieve its ambitions. Start your business with HSBC, Financing tool Use our interactive tool to find financing options that could be suitable for your business; Business plan briefing.
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