Business Overdraft | Royal Bank

Business overdraft

A business overdraft could help you manage your cash flow

Security may be required. Product fees may apply. Over 18s only.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.

Helping your business prepare for the unexpected


A business overdraft could help you boost cash flow when it matters or help when an unexpected cost comes along. With an agreed limit, as long as you have the available funds, you decide when you want to use it too.

 

Pay interest on the amount you borrow

Review your agreed limit when it suits you

 

Flexibility to use only what you need

More peace of mind with your cashflow

Business overdrafts Rates & charges

Overdrafts of £0 - £500
 

The arrangement fee for an overdraft facility of £0-500 is typically £50. This is the same when requesting a new overdraft limit or renewing your existing limit.

This excludes any additional fees that may be charged if any security is required.

Overdrafts of £501 - £1500
 

The arrangement fee for an overdraft of £501-1500 is typically £100. This is the same when requesting a new overdraft limit or renewing your existing limit.

This excludes any additional fees that may be charged if any security is required.

Overdrafts greater than £1500
 

The arrangement fee for an overdraft greater than £1500 is typically 1.5% of the total overdraft amount (with a minimum fee of £150). This is the same when requesting a new overdraft limit or renewing your existing limit.

This excludes any additional fees that may be charged if any security is required.

Simple steps for your Business lending application

Whether you’ve been with us for years or you’re a new customer, you can help us to give you a swift answer on a lending application.

Just have the necessary information ready when you apply. This includes:

  • What do you need to borrow the money for?
  • It sounds obvious but we need to know how much you need to borrow
  • Who are the owners/directors and what sort of business is it?
How we make a decision
Switching to NatWest or starting a business?
Thinking of switching to Royal Bank?

If you're planning on switching to Royal Bank and already have a business overdraft with your current bank, we'll do our best where possible to match their terms with you when you switch.                                                                                                                                                      

Find out about switching your business to Royal Bank

Starting your own business?

For start-up businesses which have opened a Business Current account with us, we may be able to offer you an arrangement fee-free £500 overdraft for the first year. A fixed interest rate of 6.5% will be charged for the initial agreement period (subject to status).

Learn more about our start-up package

Ready to start your application?

Apply now
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