For business customers borrowing up to £5,000, new overdrafts will follow a “pay as you go” model, with a £10 monthly fee payable only if an overdraft facility is used. more»

Having set up at 11 and now running a company with 30 staff, Ben Towers hopes getting a business bank account from Metro Bank at 17 will make it easier for fellow young entrepreneurs to do the same in the future. more»

A timetable for rolling out a series of landmark reforms, that will require banks to work harder on behalf of their customers, has been formally agreed. more»

New features on the Barclays Mobile Banking App will enable customers to obtain small business mobile loans or overdraft in less than an hour, the bank has announced. more»

For those running a sole trader enterprise, it can be tempting to simply use your personal current account for business transactions, but that can lead to a number of problems. more»

The Competition and Market Authority has issued a report concluding high street banks do not have to work hard enough to retain business banking customers. more»

The Competition & Markets Authority (CMA) has concluded its investigation into small business banking by recommending the creation of a digital platform to help small business owners compare product offerings. more»

More than 40 per cent of sole traders have turned to overdrafts to fund their businesses, according to new research from lender Amigo Loans. more»

As there are a myriad of choices when it comes to finance, and the range is growing all the time, here is a useful introduction to business funding options. more»

After we heard that payment platform PayPal had advanced over $1bn to businesses using its services, we decided to discover more about the credit agreement. more»