Revolving credit facility vs business overdraft: which is right for your business?

Revolving credit facility vs business overdraft: which is right for your business?

Businesses can borrow a fixed sum for a fixed term, but they can also use credit lines – like overdrafts and revolving credit facilities. This article compares those two options and clarifies their different uses.

The Growth Guarantee Scheme is getting bigger and better

The Growth Guarantee Scheme is getting bigger and better

Commercial mortgage deposits: a complete guide

Commercial mortgage deposits: a complete guide

BACS payment guide: how it works and how long it takes

BACS payment guide: how it works and how long it takes

What is an EOT? Employee Ownership Trusts explained

What is an EOT? Employee Ownership Trusts explained

Business fraud: the scams every business should know about

Business fraud: the scams every business should know about

Fraud is becoming more sophisticated, and businesses of every size are being targeted. Criminals are constantly finding new ways to trick people into handing over money or sensitive information, often by impersonating trusted organisations or creating a sense of urgency.

The good news is that most scams follow familiar patterns – here’s what to spot.

Scaling AI at Allica: Part II

Scaling AI at Allica: Part II

Debt financing vs equity financing: differences explained

Debt financing vs equity financing: differences explained

Meet the team: James Harrison on launching cashflow finance at Allica

Meet the team: James Harrison on launching cashflow finance at Allica

Meet the team: Harry Lee on the importance of knowing your numbers

Meet the team: Harry Lee on the importance of knowing your numbers

Explore award-winning business banking with Allica Bank

Find your perfect personal and business account with no monthly fees*, industry-leading features, and real relationship banking help from people who really know what they’re talking about.

* Customers whose balance falls below an average of £10,000 in the previous month will incur a £25 monthly fee. This does not apply to customers who hold an active loan product (including an overdraft) with Allica Bank. Account fees are based on average account balance and activity status. See more details here.