The 5 benefits of a business deposit account

Opening a business deposit account with the Marsden could be more than simply putting money aside for the future. It can help your business plan with confidence.

From building a safety net to earning interest whilst supporting your local community, here are five ways a business savings account could support you and your organisation.

Build a financial safety net

Running a business comes with unexpected challenges - this could be a change in the economy, unexpected bills, or repairs. Having a dedicated business savings account could help you set funds aside to prepare for upfront costs without disruption to your day-to-day cash flow. The on‑site sessions saw an impressive turnout, with colleagues actively engaging, asking insightful questions, and exploring how regular, automated saving can contribute to long‑term financial stability.

Fund business goals

 Savings don’t just protect you from the unexpected, they can help you plan for the future. Whether you’re working towards a short-term or long-term savings goal, your business savings could be used to support growth, invest in technology or equipment, or launch a new product or service. 

Financial protection

When saving with the Marsden, business deposit accounts are protected by the Financial Services Compensation Scheme (FSCS). This means up to a total of £120,000 is covered by the UK’s deposit guarantee scheme, helping you save with confidence.

Earn interest

Money that isn’t needed for everyday operations doesn’t have to sit idle. Instead, it could build interest in a business savings account. This interest can grow over time and help you reach your savings goals sooner.

Support your community

If you choose one of our business deposit affinity accounts, you’ll be supporting your local community at no extra cost to you. We support the Community Foundation for Lancashire’s Red Rose Responding Fund with an annual donation equal to 0.25% of the total average balance of all business affinity accounts.

Open a business deposit account with the Marsden

View the business deposit accounts available with the Marsden and download an application, or contact our Business Deposit Team for further details.