Allica Bank® — Getting Started | Official Business Banking Platform
What Is Allica Bank?
Allica Bank is a UK-based challenger bank specifically built to serve established small and medium-sized businesses (SMEs) with 5-250 employees. Unlike traditional high street banks, Allica combines cutting-edge digital banking technology with personalized relationship management to deliver the kind of banking service that businesses used to get, but better.
Authorized by the Prudential Regulation Authority and regulated by the Financial Conduct Authority, Allica Bank offers a comprehensive range of business banking services including current accounts, savings accounts, commercial mortgages, asset finance, and growth finance.
Official Allica Bank website: https://www.allica.bank
Why Choose Allica Bank?
🤝 Dedicated Relationship Managers
Every Allica Bank customer gets a dedicated relationship manager who knows their business inside out. You'll have their direct number on speed dial — no more call centers or automated systems. It's the personal service established businesses deserve.
💰 Rewards That Work For You
While traditional banks charge monthly fees, Allica Bank rewards businesses for banking with them. The Business Rewards Account offers competitive interest rates with boosts for active banking, plus cashback on various services. Your business banking should work for you, not against you.
⚡ Modern Technology
Allica Bank's proprietary technology platform is built specifically for established businesses. With powerful integrations including QuickBooks, open banking capabilities, and intuitive digital tools, managing your business finances becomes smoother and smarter.
🏆 Award-Winning Service
Recognized as the UK's fastest-growing private company in 2024 and Deloitte's fastest-growing UK fintech, Allica Bank has earned 'Excellent' ratings on Trustpilot. The bank has backed businesses with over £3 billion in lending and became profitable within three years of launch.
🛡️ Full Banking Protection
As a fully authorized UK bank, customer deposits are protected by the FSCS deposit protection scheme up to £85,000, giving you peace of mind that your business funds are secure.
Official Allica Bank features: https://www.allica.bank/about-us
Getting Started with Allica Bank
1. Check Your Eligibility
Allica Bank serves established UK businesses with 5-250 employees. Whether you're a manufacturer, retailer, professional services firm, or property investor, if you're an established business looking for better banking, Allica is built for you.
2. Apply Online
The application process is quick, easy, and fully online. Visit the official website and complete your application in minutes. The digital-first approach means no lengthy branch visits required.
3. Connect With Your Relationship Manager
Once approved, you'll be assigned your dedicated relationship manager who will help you get set up and understand your business needs.
4. Choose Your Products
Select from Allica Bank's range of products including Business Rewards Accounts, savings accounts, or explore lending options like commercial mortgages, asset finance, or growth finance facilities.
5. Start Banking Better
Integrate your account with your accounting software, set up payments, and start earning rewards. Your relationship manager is always available to help as your business grows.
Official Allica Bank application: https://www.allica.bank
Key Products & Features
- Business Rewards Account: Current account with competitive interest rates, cashback rewards, and boosts for active banking. Free banking for balances above £10,000 or when holding an active loan product.
- Savings Accounts: Range of savings products including easy access and fixed-rate accounts with competitive returns on business reserves.
- Commercial Mortgages: Financing from £150,000 to £5 million for purchasing business premises or commercial property investments.
- Asset Finance: Loans from £25,000 to £500,000 to finance equipment, machinery, vehicles, and other business assets.
- Growth Finance: Flexible facilities up to £10 million for businesses with £5 million+ turnover to fund expansion, acquisitions, or major projects.
- Bridge Finance: Short-term lending from £150,000 up to 75% LTV for businesses that need to move quickly on opportunities.
- Digital Tools: Integration with QuickBooks, open banking top-ups, and powerful business management features.
Official Allica Bank products: https://www.allica.bank
Why Businesses Trust Allica Bank
- Fully Authorized & Regulated: Licensed by the PRA and regulated by the FCA since September 2019.
- FSCS Protected: Deposits protected up to £85,000 under the UK's deposit protection scheme.
- Proven Track Record: Over £3 billion lent to UK businesses, profitable within three years, and backed by premier investors including TCV (investors in Netflix, Airbnb, and Spotify).
- Customer-Focused: Rated 'Excellent' on Trustpilot with multiple customer-voted awards.
- Transparent Pricing: No hidden fees, clear terms, and rewards that actually benefit your business.
Official Allica Bank trust information: https://help.allica.bank
Frequently Asked Questions
- Who can bank with Allica? Established UK businesses with 5-250 employees across various sectors including retail, manufacturing, professional services, and property investment.
- Are there monthly fees? The Business Rewards Account is free for customers with average balances above £10,000 or those holding an active loan product. Otherwise, a £25 monthly fee applies from February 2026.
- How quickly can I apply? The online application takes just minutes to complete, and the team works to get you set up as quickly as possible.
- What makes Allica different? The combination of modern technology, dedicated relationship managers, and products designed specifically for established SMEs sets Allica apart from both traditional banks and other fintechs.
Official Allica Bank FAQ: https://help.allica.bank
Conclusion
Allica Bank represents the future of business banking in the UK — combining the personal touch and expertise of traditional relationship banking with the power and convenience of modern fintech. Built specifically for established businesses with 5-250 employees, Allica understands that these companies are the backbone of the UK economy, generating a third of its GDP, yet they've been overlooked by traditional banks.
Whether you need a current account that rewards you for banking, a relationship manager who knows your business by name, or flexible lending solutions to fuel growth, Allica Bank delivers banking as it should be. With over £3 billion lent to UK businesses, 'Excellent' Trustpilot ratings, and recognition as the UK's fastest-growing fintech, Allica has proven that better business banking is possible.
Visit the official Allica Bank website (https://www.allica.bank) to learn more and start your application. Your business deserves banking that works as hard as you do.
