Whether you’re just trying to get by, or thinking of ways you could help your business succeed in tough economic conditions, an effective strategy is to take stock of your situation and have a plan. Here are some tips and tools that might be helpful in a challenging business environment, along with an overview of support we can offer.
How we can help
It’s best to get in touch with us early if you think you need some support. You can talk to your Relationship Manager, or call the business specialists’ contact number below to discuss your options. Our lending criteria, eligibility, fees, terms and conditions apply to the below options.
Manage your cashflow
Cashflow management is vital for any business owner. As circumstances continue to change, its important you review your cash flow forecast regularly to understand any upcoming cash shortfalls or surpluses.
To manage your daily cash flow needs, you could be eligible for a Business overdraft that is linked to your business transaction account. You’ll only pay interest on the amount you use, calculated daily, with no minimum or fixed repayments and you can apply for the overdraft limit that suits you. Short-term increases to existing overdraft limits may also be available.