Another interesting day in helping open new business bank accounts.
Some of those include the following:
Mobile Phone repair company requires new business bank account and merchant services but has some past credit problems – options included an online business account along with a guaranteed merchant service facility.
Mobile dog grooming businesses trades as a sole trader, has been using personal account but concerned account will be closed by bank and that HMRC might require her personal and business money to be separated.
Security company, offering a variety of security services who needs to open a business account for their limited company. Sole director who has some adverse credit made a successful application for an online business account.
Application made for a guaranteed business account who when phoned said he doesn’t need it – so why spend your valuable time filling in the form – idiot!!
Railway contractor, opened Ltd company and needs Business account to invoice but has an IVA – applied for an online managed business account, an easy to open solution and with guaranteed acceptance.
Full application made for new non-conforming business account by a Pawn Broker – previously told their account was to be closed so happy we could help – also asked about if we could help with cheque cashing, which we could!
Another MSB, but more involved in short term loans and cheque cashing – had two online accounts but both been closed so needing new facility. Offered a new account based on identity, has already completed and sent in ID, so has paid his application fee and account being processed.
IT Contractor – usual Limited company, sole director who had some previous default and a ccj, needed a business account to invoice his employer. Account applied for and awaiting confirmation.
Painter & Decorator – sole trader, declined by two high street banks (Barclays and Nat West) as got very poor credit rating and didn’t want to use his personal account, so applied and paid for online account based on identity.