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.
Lord Blackwell, chairman of Lloyds, says government could convert bad coronavirus emergency loan debt into equity, giving it stakes in thousands of small businesses
New breed of fintechs becoming disenchanted with ever joining the Coronavirus Business Interruption Loan Scheme, despite British Business Bank adding four more lenders
Small Business readers say 53% of their coronavirus emergency business loan applications have been turned down since chancellor Rishi Sunak loosened the scheme on April 3
In addition to the government coronavirus emergency loan scheme, several high street banks are offering additional support to help small businesses get through the crisis
Banks have been asking small businesses either for personal guarantees to qualify for the government Coronavirus Business Interruption Loan or directing them towards standard loans with high interest rates
Banks have been asking small businesses either for personal guarantees to qualify for the government Coronavirus Business Interruption Loan or directing them towards standard loans with high interest rates