Banking 101 –

Business Banking for Commercial Clients

Running a company in a fast-paced world comes with its own unique set of challenges. Commercial banking offers business owners and entrepreneurs the opportunity to separate their personal and professional finances, along with a range of services tailored to their specific commercial needs. 

Published

2nd July 2021

Category

Man using tablet sat by cafe window

 

A business bank account offers all the benefits of a personal account, with additional ways of securing specific kinds of funding to grow your business. More recently, businesses have benefitted from three government-backed coronavirus recovery schemes (CBILS, BBLS and RLS)

Full-service banks like Arbuthnot Latham also offer business owners and entrepreneurs a host of additional services like private banking, wealth planning, investment management and specialist lending. These services help clients plan for the future of their business as well as for themselves.

At Arbuthnot Latham we are relationship-led, so while you focus on running your business, you can rely on our commercial banking team to meet your day-to-day banking needs, understand the demands in your sector, provide you with the right lending solutions to support your business, and provide the financial expertise needed to support growth. 

For us, relationships are paramount in commercial and business banking. We partner with you and take the time to get to know you, your business and your future plans. When you become a client at Arbuthnot Latham, your dedicated relationship management team will support and work in partnership with your business to deliver your plans.

In addition to delivering day-to-day banking services, our commercial team will also provide advice and assistance on lending, deposits, treasury and FX support, keeping you in control of your finances while freeing up time to focus on your business.

Common questions about commercial banking

1. What is a commercial bank?

Commercial banking is synonymous with business banking. In the UK, commercial banks provide small, independent and medium-sized businesses with day-to-day banking support and solutions and insights tailored to their sector. 

2. What do commercial banks offer?

Day-to-day banking services, as well as lending solutions, deposits, treasury, FX and other bespoke services. Specialist teams at commercial banks have expert knowledge of the challenges businesses face and provide sector insights and dedicated support.

3. Do I need a business bank account?

If you are a limited company registered with Companies House, you’re required to have a dedicated business account. This is because a limited company is legally a separate entity.

4. What are the benefits of having a business bank account?  


Bespoke solutions

From everyday banking to deposits, lending and FX, commercial banks offer support across several areas of expertise to help businesses grow.  

Industry-specific expertise

From television and marketing to property, law, professional services, education, retail and tech, commercial banking teams understand the unique circumstances different businesses face and provide bespoke service solutions for every growth stage.   

Dedicated relationships

There is a stronger emphasis on relationships at commercial banks, which means business owners can pick a bank for financial services and insights tailored to their unique circumstances while focusing on what matters – running the business.  

5. How do I open a business bank account?

Commercial clients at Arbuthnot Latham typically run businesses with a turnover greater than £1m per annum. If you are interested in a banking service that provides a highly personal relationship and industry-leading expertise across a wide range of sectors, including media, real estate, legal and other professional services, education, retail and technology, get in touch with us today. 

 

Discover current and historical rates for commercial clients or enquire about becoming a client

 


Becoming a client

Take control of your finances today by completing our enquiry form. Alternatively, you can call us on the number below and one of our team will be more than happy to talk about your future.

+44 (0)20 7012 2500

Enquiry Form

This is required

Services of interest

This is required

This is required

Our clients typically lodge assets with us or borrow from us over £500,000. This level qualifies clients to enjoy banking services at Arbuthnot Latham without fees.

This is required

Our clients value a highly personal relationship banking service. Commercial customers are usually running businesses with a turnover of greater than £1m per annum.

This is required

This is required

This is required

This is required

This is required

This is required

This is required

How did you hear about Arbuthnot Latham?

This is required

This is required

This is required

This is required

This is required

This is required

This is required

This is required

This is required

View our Privacy Notice

This is required

Brochures & email subscriptions

Request a brochure, or subscribe to our email updates.

""