Take control with greater flexibility for your business.
A Business Overdraft from Allied Irish Bank (GB) allows you to go into an overdrawn position up to a pre-agreed limit. So you have peace of mind that extra funds are available outside your normal cash flow, should you need them. It’s versatile and easy to use, allowing you to manage your working capital and prepare for one-off or unexpected spending without having to look for a new credit facility every time.
To apply for a business loan or business overdraft, your company must be incorporated and registered in the UK.
13.92% EAR* (variable) representative on Standard Tariff Unsecured Business Overdrafts up to £25,000.
(other overdraft amounts available at alternative rates)
|New Standard Tariff Unsecured Business Overdrafts of £5,000 will be charged at 13.92% EAR (variable). Charges may apply. An arrangement fee will be charged of normally 1% (minimum £55). Renewing or increasing an overdraft will be charged at 0.5% minimum.|
*Effective Annual Rate of Interest (EAR): This is the illustrative annual cost of an overdraft, stated as an annual rate, which takes into account how often arranged overdraft interest is charged to the account and does not include any other fees or charges.
Talk to Us
Simply call +44 (0)345 600 5204†. We’ll be happy to answer any questions you might have about applying for Invoice Finance with Allied Irish Bank (GB)
† Lines open: 9am to 5pm Monday - Friday (except on bank holidays). Calls may be recorded. Call charges may vary - refer to your service provider.
We adhere to the Standards of Lending Practice for Business Customers which sets standards for banks when dealing with lending and overdrafts for business customers. You can get more information on the Standards from www.lendingstandardsboard.org.uk. The Statement of Lender and Borrower Responsibilities details our key responsibilities and what we ask of you to ensure that the relationship works well for both of us.
Availability of credit depends upon our assessment of your financial position. We encourage you to take independent legal advice to ensure that you understand your commitment and the possible consequences of your decision.
Please note that security may be required and overdrafts are repayable on demand.