The TOP - 5 business overdrafts30.03.2020

Bankchart.co.uk has surveyed the terms of the offered business overdraft for termless in the national currency. Our website's analysts have studied the loan offers from 20 most popular UK banks, which place rates on their websites. Review date - 30.03.2020

As of 26 March 2020 the loans under review have been offered by 5 banks.  The average interest rate under such loans equals 8,60 % p.a. The total number of the loan programs available for the specified loan terms is 12.

The most affordable business loan is offered by National Westminster Bank (NatWest). The comparison rate under "Business overdraft" loan program constitutes 6,50 % p.a. The table below shows the best offers by each bank selected by Bankchart.co.uk (in terms of costs) for the aforementioned terms.

The TOP-5 business overdraft loan programs for termless, as of 26 March 2020

#

Bank

Interest Rate, %

1

6,50

interest rate, %

rate type

variable

approval fee

1,50 %

max. sum

£ 50 000,00

2

7,64

interest rate, %

rate type

variable

approval fee

1,60 %

3

8,75

interest rate, %

rate type

variable

approval fee

2,50 %

4

9,75

interest rate, %

rate type

variable

approval fee

1,75 %

5

10,81

interest rate, %

rate type

variable

approval fee

0,40 %

To view the up-to-date rating of the home loans at our website, click here.

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