BUSINESS BANKING FOR START UPS

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1 BUSINESS BANKING FOR START UPS

2 2 DANSKE BANK DANSKE BANK 3 Just started or thinking about starting a new business? We re here to help. At Danske Bank we can help you make the right choices, so that you get the best start for your business. That s why we work closely with businesses starting out, to deliver the right support at the right time to help them achieve their commercial objectives both now and in the future. It s that commitment that we ve been delivering for over 200 years and that we will continue to deliver every day. Indeed as part of one of Northern Europe s leading financial institutions, we have the financial stability and technology to offer your business some of the most innovative products and banking services in the market. How to contact us By phone on * Monday to Friday Saturday 8am-8pm 9am-4.30pm Using our Arrange an appointment with us: Fill in the Arrange an appointment form us: Go to or us direct at businessstartup@danskebank.co.uk By post: Danske Bank P.O. Box 2111 Belfast BT10 9EG * except for bank holidays or other holidays in Northern Ireland when the bank is not open for business. Call charges may vary. Please refer to your phone company for more details. We may record or monitor calls for your protection, to train our staff and to maintain the quality for our service.

3 4 DANSKE BANK DANSKE BANK 5 Planning for now and the future Make your day to day banking easy Planning is the first step to any successful business; getting your ideas down on paper and starting to build the foundations for your business. We have local experienced Business Advisers who can guide you through this process and help you develop a clear business plan. Practical advice for Northern Ireland businesses When starting a new business there are many things that you need to consider. You can find practical help and advice for businesses at Our range of accounts and online, mobile and tablet banking solutions provide everything you need to manage your daily business finances quickly and securely, with minimum administration work. You will also have access to make cash and cheque lodgements, withdraw cash and check your account balance at any of our Danske Bank branches and at over 400 Post Office branches across Northern Ireland, helping make managing your day to day banking as easy as possible. Once you have a clear plan for your business, you will need to consider the financial day to day operations and how you manage your business cash flow. You can get details of terms and conditions, fees, service charges and interest rates that may apply to our products from all our branches and on our

4 6 DANSKE BANK DANSKE BANK 7 Fee free banking could help you get your business started Keep in touch with your money, at any time, from your office or home Open an account with us and you will get: 12 months fee free transactional banking Or 24 months fee free transactional banking, if all business owners or directors have, or agree to open and move their personal current accounts to us The fee free transactional banking includes : No monthly account maintenance fee Free unlimited cash deposits; and Free transactions (e.g. bill payments, standing order and cheque deposits) You will have to pay for any ancillary charges on our 12 months or 24 months fee free banking packages. You can get full details of our ancillary charges in our Fees and service charges explained Business Accounts leaflet. You just need to: Be in business for less than 6 months Have a projected annual turnover that does not exceed 1 million Business ebanking and our Business Banking Apps are our user friendly, online banking services that enable you to carry out many of your routine banking tasks, directly from your office or home. All transactions are in real time, so you can keep track of your financial position at any time, day or night. Business ebanking can help you in every aspect of your financial transactions, from administration to invoicing, from balance transfers to cross-border payments, or from online trading to viewing your overall liquidity. Whatever your business needs we ve made it simple. There are different Business ebanking modules, so you can build your own solution around the needs of your individual business. You can find out more or register for Business ebanking on our website at At the end of the 12 months or 24 months fee free banking period, normal fees and service charges will apply from that date. Details of our fees and service charges are available in our Fees and service charges explained Business accounts leaflet, available at any of our branches and on our website You can also get details of terms and conditions and interest rates that may apply to our products from our branches and on our website. We reserve the right to amend or withdraw this offer at any time. Business ebanking and Danske Mobile and Tablet Business Apps may be temporarily unavailable when we are carrying out routine maintenance.

5 8 DANSKE BANK DANSKE BANK 9 An easier way to stay on top of your finances - anytime, anywhere Other things to consider when starting up your business You can monitor your business banking accounts, authorise payments and send messages to your Danske Bank Business Adviser on the go using our Mobile Business App and Tablet Business App which are available on both Apple and Android devices. To get full feature access in your Mobile or Tablet Business App, you need to: Be registered for our Business ebanking Have an esafeid device Once you ve downloaded our Mobile or Tablet Business App, simply log on using your esafeid security and you re all set to go You can find out more or download our Mobile Business App and Tablet Business App on our website at Save for your future business needs To make the most of any surplus business cash, we have a range of instant access and fixed term deposit accounts to manage your short and longer term investment needs. You can find out more about our business savings accounts on our website at Accept payments by card Cash and cheque handling can often be a significant cost to businesses. Getting your customers to make payments quickly and simply using their credit or debit card means you can improve your efficiency and also reduces the opportunity for theft or fraud. We offer access to a range of card processing solutions, allowing you to authorise, process and settle card transactions quickly and efficiently. Danske Mobile Business App is not available on Windows or Blackberry. You can get details of terms and conditions, fees, service charges and interest rates that may apply to our products from all our branches and on our

6 10 DANSKE BANK DANSKE BANK 11 Financial flexibility Make the most of your money, optimise your cash flow and minimise costs Cash flow is an important part of any business, no matter what its size. When your business is up and running one of our Cash Management Specialists will review your purchasing, sales, personnel and cash flow processes using our Cash Management Optimisation concept. Through this concept we aim to help you to identity opportunities to optimise your cash flow and to minimise costs. We take your business banking personally Our banking services don t just stop at your business. As part of our personal banking service we have a range of personal current accounts to help you manage your day to day finances. You can find out more about our range of personal banking services at any of our branches or on our We understand that it is important to have the right financial package in place to get your business started. We can help you with financing that matches both your short-term and long-term plans, from overdrafts to help with day to day cash flow, to business loans (including the Enterprise Finance Guarantee Scheme) to purchase or fit out your business premises. When you are buying company cars, vans or office equipment, our Asset Finance options are a flexible way of acquiring assets without the financial restrictions of outright purchase. We offer a range of options including leasing, hire purchase and contract hire and our specialist sales team will help you choose the solution that best suits your business. Whether we provide credit depends on your circumstances, and you must be 18 or over. Lending terms and conditions apply. You may need to provide security. Arranged overdrafts are repayable on demand. You can get details of terms and conditions, fees, service charges and interest rates that may apply to our products from all our branches and on our (You should ask your accountant to advise you on the various tax implications for your business regarding any of the Asset Finance options shown above as these may vary depending on your own business circumstances.)

7 Danske Bank is a trading name of Northern Bank Limited. Registered in Northern Ireland R568 Registered Office: Donegall Square West Belfast BT1 6JS Northern Bank Limited is a member of Danske Bank Group. This publication is also available in Braille, in large print, on tape and on disk. Speak to a member of staff for details. Correct as at 01/2015 COM UK