Business overdraft
Every business needs a contingency plan so that, should disaster strike, you will be more likely to survive.
Flexibility when you need it
All businesses need to be flexible, so it’s good to be ready for the unexpected. An overdraft will make sure that extra funds are available when you need them.
Be ready for the unexpected
Only pay interest on the funds you use
Borrow an amount to suit you
Apply for a business overdraft online or by telephone.
Features & Benefits
With a business overdraft from Lloyds TSB, you can make sure that extra funds are there when you need them.
- Apply to borrow from £1,000.
- Only pay interest on the funds you use.
- Optional overdraft protection that could cover your repayments in the event of sickness, accident or death.
Tell us about your plans and needs, we will then agree the interest rate with you and let you know if we require any security. An arrangement fee will apply and is related to the amount you choose to borrow. These terms will be discussed with you before you take out the overdraft.
Security may be required. Any property given as security which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it. All loans are subject to status and we will need your permission to carry out a credit check on you and your business. You should not apply for an amount that you cannot comfortably afford to repay.
More information
If you would like more information before you apply either call 0800 056 0048 (open 8am to 8pm Monday to Friday and 9am to 1pm Saturday) or complete our request for further information form.
How do I apply?
You can apply online or by telephone.
