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Lloyds Bank
Business Current Account

S imple everyday banking that lets you focus on what matters, running your business. With a range of time saving tools and tips Lloyds Bank can back your ambition.

Running your own business can be a challenge but you can face your next step with confidence with a Lloyds Bank Business Current Account.

  • 18 months' free day‐to‐day business banking 1
  • 9 out of 10 approval rate on loan and overdraft applications 2
  • A UK-based management team on hand to guide and support you
  • Voted Business Bank of the Year at the FDs' Excellence Awards for the past 14 years 3
  • Simple everyday banking with 24/7 access – by phone‚ online or using our mobile app 4
  • Extensive online resources including business guides through our Business Knowledge Box and current research on the Business Resource Centre

This account is available for businesses with an annual turnover of up to £3 million.

Is your business eligible?

To apply for a business account for start-ups, you should:

How it works

You can select an Lloyds Business Bank Account in the order process at the 'banking' stage. What happens after that is simple. These are the steps required once you've chosen your new Lloyds Business Bank Account:

  • Your company and contact details will be sent via a secure link to Lloyds as soon as your company has been registered
  • You'll receive a call from Lloyds within 48 hours to open your account. The majority of the time you will not have to visit a branch
  • If you do have to visit a branch, you may be asked to bring certain documents (e.g. a Share Certificate – this is emailed to you after your registration is complete).
  • Claim your £50 reward once your account is opened

How to claim your reward

Once your Lloyds Business Bank Account has been set up, you can claim your £50 reward by following these steps:

  • Log into your Company Manager account by hitting the Sign In button
  • Select My Account in the menu and hit Claim Cashback
  • Click the Request button

Terms & Conditions

For full details of your terms and conditions please view documents below:

1 Free business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. All we ask is that you operate your account in credit or within agreed limits.

2 9 out of 10 is based on formal credit applications and is an average across the period January 2017 – December 2017.

3 FDs' Excellence Awards 2005 – 2017 supported by Real Business. For more information visit lloydsbank.com/bankoftheyear.

4 We don't charge you for Mobile Banking but your mobile operator may charge you for certain services such as downloading or using the app, so please check with them. You will need a smartphone running iOS or Android. The app is not compatible with some older versions of the operating systems ‐ check the Apple App Store or Google Play for more details. Business Internet Banking registration required. Services may be affected by phone signal and functionality. Use of Mobile Banking is subject to our Business Internet Banking Terms and Conditions.

Occasionally we may need to carry out essential maintenance, resulting in some interruption to service.

We adhere to The Standards of Lending Practice which are monitored and enforced by the LSB: www.lendingstandardsboard.org.uk.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 0207 626 1500.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

Want to register your company now and get a £50 reward? Start here.

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