Aldermore has entered the business savings market with the launch of two highly competitive bonds.
The six-month fixed rate bond pays 2.35% on maturity or 2.33% monthly, while the one-year fixed rate bond pays 3.25% yearly (3.20% monthly).
Both products can be operated via the telephone or online. The minimum investment required is £1,000 up to a maximum of £1 million.
There is a 14-day cooling off period when funds can be added or withdrawn, although businesses must take note that no interest will be paid if funds are withdrawn.
Four out of five Moneyfacts stars have been awarded.
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