Opening a Bad Credit
Business Account.
A high street bank is almost certainly likely to decline your application for a business bank account if you have a bad credit rating which as part of their application process, would also leave you with a negative footprint on your credit report and still no business account.
Should this happen your options will be further limited as other banks will be able to see you have already been declined and probably decline you too.
What are your options?
We have a selection of dedicated business accounts offering everything including Sort Code & Account Number, Direct Debits, Standing Orders, Internet banking, business debit cards, paying in cash & cheques, UK & Overseas residents, faster payments (both in & out), International Payments (both in & out) plus much more
Bad Credit Business Bank Account
These FCA regulated business accounts functions just like a regular business bank account but without the need to go through a formal interview or application process, as the majority of the procedure can be done electronically.
Although a bad credit business account is designed for those who have experienced some sort of credit problems they are also available to any UK or Overseas resident and often only require identification to get the account opened, so no UK visit or appointment necessary.
Complete the form to the right and see how quickly & easy opening a Bad Credit Business Account can be.
How quickly can I open a business account if I have bad credit?
We have options available that will open you a new business account within 48 hours, even if you bad credit.
The process is one that requires proof of your identity and your home address, so providing you have photo ID an proof of your home address, we will be able to open you a business account despite any bad credit issues.
Opening a Bad Credit Business account - What is the difference to a high street account?
There are a number of differences between a high street business bank account and one that is not, however the essential functionality between the two are almost exactly the same meaning you can trade exactly the same regardless of which account you open
So for a business account that needs to be opened quickly, a high street business bank account is not an option you should consider.
opening an alternative business bank account is something that can be done within 48 hours with no appointment necessary.
With Faster Payments, Standing Orders, Unlimited Balances and a variety of other similar functions, opening an alternative business bank account will be available and help you trade even if you have any bad credit.
You could expect to get a debit type card, online & mobile payments and almost everything else associated to a high street bank account, with the added bonus of opening it quickly.
So if are looking to open a business account with bad credit and you cannot open one with any of the high street banks, you will have options available that will accept your application.
So whether your bad credit is just an odd missed payment or something more severe like an IVA, we will help you.
To start the process, Apply Online Here
Open a Bad Credit Business Bank Accounts
Whilst we do not deal with any of the mainstream banks, we can open you a fully FCA Regulated & Authorised account regardless of your circumstances normally within a couple of days:
Bankrupts & IVAs - ACCEPTED
Directors with Bad Credit - ACCEPTED
Missed Payments or Arrears - ACCEPTED
Help when you need it most
Our application service for a business bank account is one that can normally be completed in a matter of days, so no waiting for an appointment or for long drawn out conversations about if you may or may not get accepted.
We offer a comprehensive and detailed business banking intermediary service to help find the best business bank account available, and then to open that account as quickly as we possibly can, so that you can trade without delay. Apply Here now to get started