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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.
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.
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.