As a new business, there are benefits to opening a specific account designed for businesses starting out. These benefits can be invaluable to young businesses, in terms of low-cost banking and the range of additional features. When you're searching for the best current account for your business, consider which features are most important. For example, your bank could provide benefits such as:
No charges when you process a transaction or make a cash deposit into the account
A branch in a convenient location to you
Additional support, such as a business mentor or software advisor
No monthly or annual charges
A fee free period of up to 25 months
Online banking through a well-designed website or mobile app
Flexible borrowing through a business overdraft, loan or business credit card to help you find your feet