Abbey launches new summer offers for small businesses

Abbey Business is to launch a range of market leading products for small businesses with a turnover of up to £1 million. The new range includes an improved bank account offer, providing market leading in-credit interest of 6.00 per cent gross/AER, fixed for the first year, on balances up to £2,500. In addition, two new savings accounts will be available, providing more choice and flexibility for business banking customers. These new accounts will be available from Monday 8 June 2009.

For those who switch from another provider, as well as earning the great in-credit interest rate of 6.00 per cent gross/AER, fixed for the first year, and free forever day-to-day banking, they will also benefit from a fee free overdraft for the first year and a promise to match their existing overdraft facility.

The new Business Direct Saver and Business Reward Saver accounts are a great way for Business owners to make the most of their surplus cash, whilst both products offer flexibility with instant access.

Paula Ickinger, Product Executive at Abbey Business Banking commented: "In the current economic climate, I would urge small businesses to review their banking needs to make sure they are getting value for money and a service that reflects their needs. Whether you are a well established business, or have only just started out, Abbey Business Banking has extended its range of products to meet your business needs."

Paula Ickinger continues: "In addition to the new Business Bank Accounts, we have launched two new market leading savings accounts. The new Direct Saver is ideal for those who want instant access to their funds, and the Reward Saver offers an even higher return - up to 2.00 per cent gross for those leaving their savings in the account - with the added benefit of being able to access your funds if you really need to."

Customers can apply for any of the new accounts by visiting abbey.com/business