Opening a Bad Credit Business Account with Guaranteed Acceptance.
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.
So what are your options to get a Bad Credit Business Account?
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
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.
Get accepted for a Business Account
We Will help no matter what your circumstances:
All Business Accounts available will be fully regulated and authorised by the Financial Conduct Authority (FCA – Click here for link)
Guaranteed Acceptance for those applying for a Bad Credit Business Account is based on all key principles providing suitable photographic and proof of home address documentation.
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 cause a problem with HMRC as well as 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.