Business overdraft

Business overdraft

Author
Discussion

MrBet

Original Poster:

96 posts

196 months

Friday 22nd January 2010
quotequote all
We have just been advised that the rate on our business overdraft is being increased from 0.4% over base to 1% above base. It's still cheap money, but its going to cost us an extra 10k a year.

What are other people getting on their business overdrafts?

anonymous-user

60 months

Friday 22nd January 2010
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I would be very surprised to hear of anyone who has a better deal than one over base after a renewal on a business overdraft.

That is very cheap money. Does this form part of a much larger set of facilities with your bank?

Edited by anonymous-user on Friday 22 January 19:33