Business Accounts for Bankrupts
Guaranteed Business Accounts
Business Accounts for Bankrupts
If any of the principles of a business are or have been bankrupt, it could prove very difficult to open a regular Business Bank Account.
Every Business needs a bank account to carry out the most basic functions required of a business, however if any of the main principles of the business has ever been bankrupt, then the chances of opening a high street account can be severely limited.
Business Accounts for Bankrupts – what are the option?
Your options may be very limited as any type of past or present credit problems will be found by the bank during your application process, meaning your application will almost certainly be rejected, leaving the business with severe problems as you will simply not be able to perform the most basic function of paying or being paid.
So are there any Business Accounts for Bankrupts?
In essence there are some accounts which you can apply for who will accept anyone who is or has been bankrupt, however they are only available from a provider who does not require a credit check as part of their application process. These accounts are offered to anyone who has either been declined or struggled to open an account for themselves and works in a way that you will still be able to have access to many of the regular features that a high street provider would offer.
Need some further information on Business Accounts for Bankrupts?
If you complete our Pre-Application form we will be able to quickly ascertain what service will work best for you or for you can complete our General Application form and our system will pick up what account will be available for you.
Alternatively you can Telephone us on 020 3286 3929 and we will be happy to advise how we can help open business accounts for bankrupts.
Opening Business Account for Bankrupts?
So what are your options?
We offer a variety of options to help find you a business account, even for those who are Bankrupt, contact us today to see how we can assist you.
Guaranteed Merchant Services available for those with Adverse Credit or those that have been refused due to the nature of their business so what ever your circumstances we will be able to provide you with the ability to take all types of credit and debit cards.
Whether you require an Offshore Company or an Offshore Bank Account, we can help advise where in the world the best location will be for you and your circumstances. With so many options available, speak to a Specialist for best advice.
Credit Repair Services
One of the main reasons why you will be declined for anything related to finance will be your Credit Rating, so ensuring your credit report is as clean as it could be will ensure you are not penalised, so repair your Credit Report and improve your chances.
Business Accounts for Bankrupts – Guaranteed Business Banking
It is essential for every Business to have it’s own business bank account and using a personal bank account for any business is really not recommend which is why it is important to understand what your options are if you are having problems open up a business bank account.
If you have a Limited Company you should not pay any money into your personal account and whilst this may work for a Sole Trader business, it is strongly recommended to avoid this practice as it could not only cause a problem with HMRC but also if your bank were to discover this, they would almost certainly close your account as they would not allow any personal account to be used for business.