Business Bank account w/ overdraft

[Liam G]

Hi all, I've just incorporated my first business and I'd like to know anyones recommendation on a business bank account with an overdraft. On the applications that Im looking at I dont see it as an option thats available.

Also will taking out a phone contract in the business name help to build the businesses credit?

Thanks

 

[Mr D]

I'd suggest Santander. Getting overdraft for a brand new business? Not tried it, you may well have to apply separately for that and show expected income and costs.

And yes.

 

[james_firmsites]

We have used Barclays for many years and can not recommend their business team enough. Very quick to respond to stuff, the website & app for online banking works well and it seems to play nicely with Xero which we use for accounts.

Worth checking with the company that did your formation as quite a few offer £50 cash back on new Barclay accounts.