Business Banking

The majority of banks offer a range of services that are specifically tailored to businesses with features such as asset purchase loans, small business loans or invoice finance, which can be particularly useful for small business.

Limited Companies have a legal existence that is equivalent to that of an individual, and so a business banking account is associated with the company itself rather than an individual. So unlike personal bank accounts, the bank account is associated with the business, the directors of which can then decide who has access to the account.