Business Bank Accounts with Bad Credit
Guaranteed Business Accounts - 020 3286 3929
Business Bank Accounts with Bad Credit
If you have any bad credit, then opening a business bank account will almost certainly be a problem if you apply with any of the high street banks as they simply no longer wish to offer anyone with a bad credit rating a bank account.
If you find yourself in that situation you will have options as long as you can identify yourself.
The biggest problem is that during the opening process of any business bank account, your credit file will be checked, so if you have any form of bad credit it will immediately show up, meaning your application will almost certainly be declined – a problem which could then be compounded even more as it will leave a footprint on your credit report to say you have just been declined.
So what are your options for opening a Business Bank Account with bad credit?
Well there are various options for you to consider depending on the severity of your circumstances, all of which should be available assuming you can identify yourself and open to you regardless of any past or even present problems.
So don’t feel that having a bad credit rating will stop you opening a new business account – it most certainly will not.
What Business Accounts will be available?
We have a variety of accounts and services available, most of which avoid the need of a credit check making them accessible to anyone who has suffered any past or present problems.
These accounts are generally offered with no credit checks, meaning no matter how poor or adverse your credit rating is, as long as you can be identified, you will be guaranteed the opening of this business account. They work and operate in a very similar way to high street accounts in that you will get your own sort code & account number, business bank card with full online banking. You can also set-up regular payments like standing orders and direct debits plus send and receive faster payments. The main difference with these business accounts are there are no cheque books as only high street banks can offer these.
Opening a Business Bank Accounts with Bad Credit is guaranteed just as long as the main principles of the business can be properly identified.
Apply Here for a Business Bank Account with Bad Credit – or Telephone 020 3286 3929
Opening Business Bank Accounts with Bad Credit
If you have a Bad Credit rating it will certainly have a negative impact if you want to open a new business bank account, as every principle or director of the business will be credit checked, so if you apply for a ‘regular’ high street bank account and have any signs of an adverse credit rating, then there is a strong possibility that your application will be declined.
So what are your options if you get declined and how can you open a business bank account with bad credit rating?
Guaranteed Managed Business Account – This is also a guaranteed bank account, so as long as you can be identified, you can enjoy nearly all the functionality of a regular high street bank including a Company debit card, Internet banking, standing orders/Direct Debits, Faster Payments plus much more
Open a Business Account with Bad Credit:
Regardless of any past credit problems you may have had, there will always be an option available for you to open a new business account and one that will be suitable for your business. Having access to a proper bank account is essential for any Business, so if you have been declined and think you may not be able to open a new account, think again, as we GUARANTEE you the opening of any new Business Bank Account…
Apply Here for Business Bank Accounts with Bad Credit
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 Bank Accounts with Bad Credit – Apply Today Regardless of your Circumstances.
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.
Don’t let having Bad Credit stop you opening a business account for your business