Business Bank Accounts For Bankrupts
Guaranteed Business Accounts
Business Bank Accounts For Bankrupts
Your financial options are severely restricted when you are bankrupt and unfortunately that situation will probably continue some even after you become discharged, so your chances of opening a business bank account will be almost impossible if you apply at any of the high street banks.
New Business Bank Accounts for Bankrupts.
Having said that you can now apply for business accounts for bankrupts which only requires you (or all of the main principles of a business ) to be formally identified which means having a copy of a current passport or driving licence and a utility bill.
The account works on the basis there are no credit facilities meaning you will only be able to spend what is a cleared balance on your account, however this tends to work well with most businesses as it avoids any penatly or overdraft charges imposed by many of the high street banks.
Opening Business Bank Accounts for Bankrupts is considerably easier now and can normally be completed within 3 to 5 working days, meaning you can get your new sort code and account number almost straight away.
These accounts also include a Business debit card adn full Internet banking, so you can make your own ‘faster’ payments or regular payments just like any high street business account.
Apply Here for Business Bank Accounts for Bankrupts – or Telephone 020 3286 3929
Business Bank Accounts for Bankrupts
There are a variety of different types of business accounts available which will allow you to use the account like any other normal business bank account, including Internet Banking, Sort Code & Account number, Standing Orders & Direct Debits, Faster Payments, Bank Card – but most importantly of all, they will be AVAILABLE TO YOU.
The main accounts available are as follows:
Guaranteed Business Bank Account – This is a guaranteed service offered by a bank account Intermediary, which, for a one-off administration fee and as long as you can be identified, will apply for a high street business account with one of the main high street providers, regardless of any past credit problems. Once opened you will then deal directly with the chosen bank like any other account holder. As it’s guaranteed if you don’t get an account any fee paid will be refunded in full.
Guaranteed Managed Business Account – This is also a guaranteed account opening service, so as long as you can be identified, you can enjoy all the functionality of a regular high street bank including a Company bank card, Internet banking, standing orders/Direct Debits, Faster Payments plus much more
Whilst some of these accounts are described as a Basic Business Bank Account, they are in fact anything but basic and often offer you everything you will need to run and operate your business,PLUS the fact there are No Credit Checks means you can be sure that even if you have been or even still bankrupt, we WILL be able to open you a new Business bank account.
Guaranteed Business Accounts is a trading style of Exclusive Leads Ltd and is an introducer only
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.
A Personal Bank Account is essential in the modern world but having any adverse credit may restrict their availability. We have various options available for anyone with a credit problem and all offered in a Guaranteed basis.
Business Bank Accounts – Essential for Every Business
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 strongle 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.