Unity Trust Bank Business Banking, Savings & Loans
Since its founding in 1984, Unity Trust Bank has provided customers with commercial and property loans within the Birmingham area. Funded solely by customer accounts and run on an ethical, sustainable platform that supports British businesses, charities, and their surrounding communities alike – this bank is a strong ally for any business seeking to grow.
Unity Trust Bank Business Banking
Current account
Whether your business has an annual turnover of up to £100,000, between £100,000-£2 million, or over £2 million – NatWest’s Current Account is perfect for you. You can manage it online at any hour and make cash/cheque deposits/withdrawals from the branches specified. Although this account doesn’t come with a debit card – all transactions are still possible via online banking or by visiting one of our local banks!
Businesses with turnovers of less than £2 million will be charged a modest fee of just £6 per month, plus any additional transaction charges. But those with higher turnover can expect customized fees and their dedicated relationship manager to handle all aspects of their account.
Instant access savings account
Business customers have access to their savings without any fees and can withdraw funds anytime they wish – all while earning 0.00% AER interest on the account!
Take advantage of a 30-day deposit savings account and watch your money grow!
Stash away funds in this short-term investment opportunity to enjoy compounded interest and have access to your cash when you need it.
Invest a minimum of £2 million in our account and you can withdraw your funds within 30 days’ notice. Interest rates? Just ask – they’re available upon request!
90-day deposit savings account
If you’re looking for a financial opportunity with high returns, look no further than our minimum deposit of £500,000. Withdrawals are convenient and effortless – simply provide 90 days’ notice. Interest rates vary but can be provided upon request!
Unity Trust Bank Business Finance
Commercial/property loans
If you’re looking for a loan between £250,000 and £10 million, Unity Trust Bank is the perfect option. Our variable rate loans provide up to 70% loan-to-value with interest-only periods available and fees of 1.5% plus legal and valuation costs of the total value. Furthermore, our 10-year commitment comes with an impressive amortization profile lasting up to 20 years! Additionally, fixed rates are achievable if your loan falls within the range of (£500k -£10m) for 2 or 5-year terms respectively
Unity Trust Bank Reviews and Ratings
Unity Trust Bank’s online reviews are a balanced mix of good and bad. Google is filled with customers who have been banking with Unity for years, stating that their customer service level is outstanding; however, some feel it can be difficult to work with. On the other hand, Trustpilot has a positive review praising them for being very human-oriented and offering clear terms/information; one negative review comes from an unrelated company while the second includes website issues.
Recognizing the need to support teachers and small businesses during the Covid-19 pandemic, Unity Trust Bank granted a generous donation of £5 million in June 2020 to fund London’s Teachers’ Housing Association which will be creating 300 homes for educators. Additionally, they received another £900,000 that was distributed amongst many West Midlands companies hit especially hard due to current economic conditions.
Trustpilot – 2.8/5 (based on 3 reviews)
Google Reviews – 3.5/5 (based on 11 reviews)
Reviews.co.uk – no reviews
Smart Money People – no reviews
Pros:
Obtain loans to finance your renovation and growth goals!
A bank with a strong moral compass often finances charities and social enterprises.
Cons:
Although customer feedback is mixed, with a handful of negative reviews related to customer service.
This offer is specifically tailored to businesses looking to raise large sums of money – if you’re seeking smaller amounts, this solution may not be the right fit.
Top 10 Free Business Bank Accounts
Unity Trust Bank Business Banking, Savings & Loans
Do you want to take control of your finances, but don’t know where to start? Or maybe you already have some investments but are looking for more financial security and rewards. Look no further than Unity Trust Bank Business Banking, Savings & Loans. As a leading banking institution in the U.K., we offer unrivaled flexibility and consistently high returns on savings products that can help you reach your financial goals faster than ever before.
Our business banking services provide the ideal foundation for corporate customers looking to grow their wealth over time through borrowing offerings or investing options. Whether it’s building up a personal nest egg or setting up an innovative company venture – you can rest assured that our team is here with opportunities available tailored specifically for each customer’s needs!
