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Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only.
Overdraft in detail
Useful info about our Business Overdraft
Looking to change your existing overdraft facility? Please note, if you have more than 2 months remaining on your existing facility your current renewal date will remain the same. If you have less than 2 months and are looking to increase, then your facility will be extended for a 12 month term.
Looking to increase your limit?
As an existing customer you can log in using your Digital Banking details and apply in less than 10 minutes. If approved, you could have the new limit in 24 hours.
Want to decrease your limit?
Use our online application form to decrease your limit. If you don't have Online Banking, you can also use it to apply for a new overdraft or increase.
No longer need an overdraft?
Use our online application form to request a cancellation if you are no longer actively using your overdraft.
Representative EAR
5.25%
£300
Representative EAR (Effective Annual Rate) is used for comparison purposes and shows the annual interest rate we reasonably expect at least 51% of customers who are accepted for and enter into the overdraft agreement to get. It is calculated by using the rate of interest charged if you remained overdrawn for a year, the frequency with which interest is charged, and the effect of compound interest on your debt. The Representative EAR does not include other fees or charges.
100% of SME customers who used the eligibility checker received an end quote that was the same, better or no more than 10% above their indicative quote.
Looking for a quick cash option?
Log in to Digital Banking and get a decision in less than 10 minutes. If approved, you could have the money within 24 hours.
Stay on top of your expenses
Our business credit cards are ideal for making secure transactions and giving you flexible banking at your fingertips.
Turn your long-term ambitions into action
Borrow from £25,001 with no upper limit on a variable interest rate, or up to £10m on a fixed interest rate, subject to approval.