We understand that all businesses need a healthy cash flow to fund their everyday needs. But with money tied up in stock or creditors it can be difficult to access your cash when you need it.
A business overdraft is an ideal source of temporary funding when business expenses are unpredictable.
We can arrange a business overdraft to suit your needs without tying you to specific dates for drawdown or repayment.
Take a look at the benefits that our business overdraft facilities offer you:
- Convenient, flexible working-capital finance
- Matched to your specific borrowing requirements
- Easy to administer
- Minimises costs
- Available in all major currencies
- Interest rate linked to Barclays Base Rate in sterling or relevant currency
- Potential to reduce exchange risk
The term of your business overdraft can be tailored to suit your requirements.
With a foreign currency business overdraft, you will not be affected by any unfavourable movement in the exchange rates. To give you the best possible solution, we match your foreign currency borrowing to your anticipated receipts in that currency.
