Open a Business Bank Account with Bad Credit
Guaranteed Business Accounts
Open a Business Bank Account with Bad Credit
Open a business bank account with bad credit even though you may have been refused or declined already by a high street bank.
Opening a new bank account can be a problem if you have some form of bad credit as every bank will
So what are the options if you have been refused a business bank account because of some form of bad credit in your past?
There are now some business bank accounts for people with bad credit available, either through the services of a bank account intermediary or by opening a business managed bank account, both of which offer a GUARANTEED service, meaning that regardless of any past or present credit problems, you will be able to open a new business account.
Opening Business Bank Accounts with Bad Credit is considerably easier now just as long as the principles of the business can be properly identify themselves.
Once everyone involved as a Director or Principle has been formally identified (which could be done instantly) the new business bank account can be opened and running with a sort code & account number within 3 to 14 working days*, meaning you will lose no valuable time in getting your business up and running ASAP
Apply Here for a Business Bank Account with Bad Credit – or Telephone 020 3286 3929
Opening a Business Bank Account with Bad Credit history.
If you have a Bad Credit rating it could certainly have a very negative impact if you need to open a new business bank account, as each and every principle of the business will be credit checked if you apply for a ‘regular’ high street bank account and if there are 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 High Street Business Bank Account – This is a guaranteed service offered by a bank account Intermediary, which, for a one-off administration fee and proof of identity,you can open 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 with them directly like any other account holder.
Guaranteed Managed Business Bank 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
Regardless of any past credit problems, there will always be an option available for you to open a bank account which will be suitable for your business, including an option to open an offshore bank account if all avenues in the UK fail. 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…
We will GUARANTEE you the opening of at least one of these Bank accounts on the condition you (and any other principles of your business) can Identify yourself – so regardless of any past credit or financial problems you may have had, we will definitely 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.