Chorley Building Society launches Business Savings Accounts

Chorley Building Society is proud to have launched its new Business Savings Account. Aimed at supporting businesses in the North-West and across the UK, including professional services, small and medium retailers and consultancies, the 120 Day Notice Account provides an interest rate at 4.40% gross p.a/AER to help businesses use revenue to save, build interest and contingency for expenditure and reinvestment. 

The account will initially be available to open in branch and also via post.  The account requires a 120 day notice period for withdrawals and offers a competitive variable interest rate.  Chorley Building Society is committed to supporting the local community it serves and that includes businesses, helping them to plan for the future, grow and expand.

Stephen Penlington, Chief Executive Officer at Chorley Building Society said: “This is a great addition to our savings range and an exciting opportunity for businesses to save revenue and make their money work as hard as they do. Whether the interest is used for tax payments at year end, VAT or unforeseen expenses, it’s important that businesses of all size have suitable savings options for their money.  This 120 Day Notice Account is our initial product into the relaunched Business Account range and we will be looking at how we can further support businesses in the near future.’

Kim Roby, Customer Savings Director commented: “Our new Business Savings Notice Account demonstrates our commitment to making a difference to the lives of our Members and the business community. Businesses work hard to provide products and services to the people in our community and deserve recognition and support to keep doing the good work they do. Whether a small limited company or medium-sized organization, it is important that businesses continue to grow and that they have the resources and options to do so.’

For full details of the account, including terms and conditions, please visit: www.chorleybs.co.uk/savings/business-savings-accounts