Free business banking and preferential lending rates
Free business banking
Free business banking is available from Alliance & Leicester Commercial Bank, part of the Santander banking group, for new businesses and more established businesses:
If you're a start-up business (trading for less than 6 months) and your turnover is less than £500,000
If you're an established small business with a turnover of up to £1million
Free Banking for new startup businesses
If you’re a start up business you can open a basic business bank account with Alliance & Leicester. The Business Builder Current Account will give you free and unlimited business banking for 2 years. To qualify you need to have been trading for less than 6 months and have an annual turnover of less than £500,000.
Click for more information and to open a startup business current account
or call 0800 068 6698 and quote AF0438.
The Business Builder Current Account provides 2 years free and unlimited day-to-day banking:
- No charge for cheques issued or deposited
- No charge for Direct Debits or Standing Orders
- No charge for automated transactions
- No charge for making cash deposits
Easy access to banking facilities
You don’t even need to have access to an Alliance & Leicester branch as you can choose to use your bank account on line, via your mobile or office phone, or by using deposit machines at any Post Office® branch.
Click here to open a startup business bank account online
or call 0800 068 6698 and quote AF0438 to qualify for the best business current bank account.
Preferential lending rates
Where eligible, Now Let’s Get Started visitors will get preferential lending rates for business loans and business overdrafts. Quote Now Let’s Get Started when you apply in order to qualify for this offer.
What happens to my free banking after 2 years?
In most cases you’ll continue to benefit from free business banking. In year 3 your account will transfer to the award winning Business Current Account and you will continue to benefit from free banking provided you pay a minimum of £1000 per month into your account. For any month this does not happen you will simply be charged a £5 monthly account fee.
The Business Current Account is available to customers with an annual business turnover of up to £1million and makes:
- No charge for cheques issued or deposited
- No charge for Direct Debits or Standing Orders
- No charge for BACS payments or electronic transfers
- No charge for making cash deposits up to £3,000 per month. A fee of 45p will be charged for each £100 in excess this amount
The great thing about the Alliance & Leicester Business Current Account is that you get free banking AND current account interest on your balance (currently 0.25% AER (variable), 0.25% gross (variable) on your whole balance)
Click to open an interest paying business current account or call 0800 068 6698 and quote AF0438.
Free business banking for established small businesses
If you're a small business with an annual turnover of less than £1million, open a Business Current Account with Alliance & Leicester Commercial Bank. This account offers free business banking provided you pay a minimum of £1000 per month into your account. For any month this does not happen you will simply be charged a £5 monthly account fee.
The Business Current Account is available to customers with an annual business turnover of up to £1million and makes:
- No charge for cheques issued or deposited
- No charge for Direct Debits or Standing Orders
- No charge for BACS payments or electronic transfers
- No charge for making cash deposits up to £3,000 per month. A fee of 45p will be charged for each £100 in excess this amount
The great thing about the Alliance & Leicester Business Current Account is that you get free banking AND current account interest on your balance (currently 0.25% AER (variable), 0.25% gross (variable) on your whole balance)
Click to open an interest paying business current account or call 0800 068 6698 and quote AF0438.
Award winning banking
Independent industry experts Business Moneyfacts has judged Alliance & Leicester Commercial Bank the winner of the following awards:
Best Business Bank of the Year: 2009
Best Business Current Account Provider: 2003-2009
Free business banking and preferential lending rates
Free business banking
Free business banking is available from Alliance & Leicester Commercial Bank, part of the Santander banking group, for new businesses and more established businesses:
If you're a start-up business (trading for less than 6 months) and your turnover is less than £500,000
If you're an established small business with a turnover of up to £1million
Free Banking for new startup businesses
If you’re a start up business you can open a basic business bank account with Alliance & Leicester. The Business Builder Current Account will give you free and unlimited business banking for 2 years. To qualify you need to have been trading for less than 6 months and have an annual turnover of less than £500,000.
Click for more information and to open a startup business current account
or call 0800 068 6698 and quote AF0438.
The Business Builder Current Account provides 2 years free and unlimited day-to-day banking:
- No charge for cheques issued or deposited
- No charge for Direct Debits or Standing Orders
- No charge for automated transactions
- No charge for making cash deposits
Easy access to banking facilities
You don’t even need to have access to an Alliance & Leicester branch as you can choose to use your bank account on line, via your mobile or office phone, or by using deposit machines at any Post Office® branch.
Click here to open a startup business bank account online
or call 0800 068 6698 and quote AF0438 to qualify for the best business current bank account.
Preferential lending rates
Where eligible, Now Let’s Get Started visitors will get preferential lending rates for business loans and business overdrafts. Quote Now Let’s Get Started when you apply in order to qualify for this offer.
What happens to my free banking after 2 years?
In most cases you’ll continue to benefit from free business banking. In year 3 your account will transfer to the award winning Business Current Account and you will continue to benefit from free banking provided you pay a minimum of £1000 per month into your account. For any month this does not happen you will simply be charged a £5 monthly account fee.
The Business Current Account is available to customers with an annual business turnover of up to £1million and makes:
- No charge for cheques issued or deposited
- No charge for Direct Debits or Standing Orders
- No charge for BACS payments or electronic transfers
- No charge for making cash deposits up to £3,000 per month. A fee of 45p will be charged for each £100 in excess this amount
The great thing about the Alliance & Leicester Business Current Account is that you get free banking AND current account interest on your balance (currently 0.25% AER (variable), 0.25% gross (variable) on your whole balance)
Click to open an interest paying business current account or call 0800 068 6698 and quote AF0438.
Free business banking for established small businesses
If you're a small business with an annual turnover of less than £1million, open a Business Current Account with Alliance & Leicester Commercial Bank. This account offers free business banking provided you pay a minimum of £1000 per month into your account. For any month this does not happen you will simply be charged a £5 monthly account fee.
The Business Current Account is available to customers with an annual business turnover of up to £1million and makes:
- No charge for cheques issued or deposited
- No charge for Direct Debits or Standing Orders
- No charge for BACS payments or electronic transfers
- No charge for making cash deposits up to £3,000 per month. A fee of 45p will be charged for each £100 in excess this amount
The great thing about the Alliance & Leicester Business Current Account is that you get free banking AND current account interest on your balance (currently 0.25% AER (variable), 0.25% gross (variable) on your whole balance)
Click to open an interest paying business current account or call 0800 068 6698 and quote AF0438.
Award winning banking
Independent industry experts Business Moneyfacts has judged Alliance & Leicester Commercial Bank the winner of the following awards:
Best Business Bank of the Year: 2009
Best Business Current Account Provider: 2003-2009