About Aldermore bank plc
Aldermore Bank Plc: Providing High-Interest Savings Accounts and Business Banking Services
Aldermore Bank Plc is a UK-based bank that provides high-interest savings accounts to personal savers and business banking services and finance solutions to SME businesses. The bank was founded in 2009 with the aim of providing straightforward, transparent, and reliable banking services to its customers.
With over a decade of experience in the banking industry, Aldermore Bank has established itself as one of the leading banks in the UK. The bank offers a wide range of products and services that cater to the needs of both personal savers and businesses.
Personal Savings Accounts
For personal savers, Aldermore Bank offers a range of savings accounts that provide competitive interest rates. These include fixed-rate bonds, notice accounts, easy access accounts, cash ISAs (Individual Savings Accounts), and regular savings accounts.
Fixed-rate bonds are ideal for those who want to save money for a specific period without any risk. Notice accounts offer higher interest rates than easy access accounts but require you to give notice before withdrawing your money. Easy access accounts allow you to withdraw your money at any time without penalty.
Cash ISAs are tax-free savings accounts that allow you to save up to £20,000 per year. Regular savings accounts are designed for those who want to save regularly every month.
Business Banking Services
Aldermore Bank also provides business banking services that cater specifically to SMEs (Small and Medium-sized Enterprises). These include current accounts, deposit products, invoice finance solutions, asset finance solutions, commercial mortgages, property development finance solutions, structured finance solutions & more!
Current Accounts: Aldermore's current account is designed specifically for small businesses with turnover up-to £25m p.a., offering free day-to-day transactions & no monthly fees!
Deposit Products: Aldermore's deposit products offer competitive interest rates on deposits from £1k upwards! Choose from Fixed Rate Deposits or Notice Deposits depending on your requirements!
Invoice Finance Solutions: Invoice Finance allows businesses with outstanding invoices waiting payment from their customers can receive an advance payment against these invoices - helping improve cash flow!
Asset Finance Solutions: Asset Finance allows businesses looking for new equipment or vehicles can spread payments over time rather than paying upfront - helping manage cash flow better!
Commercial Mortgages: Commercial Mortgages help SMEs purchase their own premises or refinance existing ones! With flexible repayment terms available depending on individual circumstances.
Property Development Finance Solutions: Property Development Finance helps developers fund new projects by providing funding throughout each stage of development - including land acquisition costs through construction costs until completion & sale/letting out stage too if required!.
Structured Finance Solutions : Structured Financing helps companies raise capital by issuing debt securities such as bonds or notes which can be tailored according individual requirements such as maturity date etc..
Why Choose Aldermore?
There are several reasons why you should choose Aldermore Bank Plc:
1) Competitive Interest Rates – Whether you're looking for personal savings account or business banking solution; we offer some great deals when it comes down saving money long-term basis;
2) Transparency – We believe in being transparent about our fees so there are no hidden surprises;
3) Customer Service – Our customer service team is always ready & willing help answer any questions may have regarding our products/services;
4) Security – We take security very seriously here at Aldemor; all deposits held within FSCS protection limits (£85k per person);
5) Innovation – We're constantly innovating developing new ways make life easier both individuals small-medium sized enterprises alike!.
Conclusion
In conclusion,Aldemor bank plc is an excellent choice if you're looking for high-interest savings account options along with business banking services tailored towards SMEs! With competitive interest rates across all product ranges coupled transparency around fees charged plus excellent customer service levels provided by knowledgeable staff members; it's clear why so many people trust us when it comes down managing their finances effectively!.