Lloyds Bank Business Current Account
£50 Cash Back on all Company Formations

Simple 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.

How it works

  • On incorporation, your details will be sent to Lloyds via a secure link
  • Within 48 hours, Lloyds will call you to arrange a meeting and open your account – Lloyds aim to offer all clients a meeting within 7 days
  • Once your account has been opened, you can claim your £50* cash back

What Lloyds Give You

Free Banking

18 months' free day‐to‐day business banking1

Here to help

9 out of 10 approval rate on loan and overdraft applications2

Support

A UK-based management team on hand to guide and support you

Trust

Voted Business Bank of the Year at the FDs' Excellence Awards for the past 14 years3

Tools

Simple everyday banking with 24/7 access – by phone‚ online or using our mobile app4

Everything you need

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.

Important information

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

  • Terms & Conditions
Company Formation with Lloyds Business Bank Account

Claim Your £50 Cash Back on ANY Company Formation Package

The Lloyds Business Bank Account is subject to normal bank credit and money laundering checks

You’re Eligible If...

You require an account for business use
You are a Limited by Shares company or a Limited Liability Partnership
You are over 18
You are a UK Resident

(See full Terms & Conditions below)

Free Lloyds Business Bank Account

£50 CASH BACK

When you open a FREE Lloyds Business Current Account with us

Terms & Conditions

Sorry, but if you are not resident in the UK, we cannot offer you a bank account under this scheme.

1Free 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.

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

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

44We 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.

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