What does a facility cost?
We have made a conscious decision to keep our fee structure simple and transparent, however, each facility is costed individually. There are generally two forms of charge: the discount margin (interest charged on funds drawn down) and the service fee. Like an overdraft, the discount margin is charged at a percentage above the Bank of England base rate. The service fee is a fixed monthly fee based on the actual cost of running your account which is determined by the size and type of facility you have. Please click here and we will contact you to discuss our pricing and service charter in more detail.