Basic Business Bank Account Bad Credit

Guaranteed Business Accounts

Basic Business Bank Account Bad Credit

Opening a Basic Business Bank Account Bad Credit is a constant problem as all the main banks perform a credit check on all the main principles of a business to ensure they are credit worthy.

If any are found to have any bad credit then the application will almost certainly be declined often leaving the business with no account or the ability to accept payments in the businesses name.

What about using a Personal Account?

Often what happens is the business owner or one of the main principles will have to resort to using a personal bank account to accept any payments on behalf of the business. Whilst this is not illegal it is certainly not recommended as it could easily cause confusion between personal and business expenditure or income, which might cause you problems with HMRC should they decide to investigate you or your business.

Need a Basic Business Bank Account Bad Credit?

Call 0800 773 4316 or 020 3286 3929

Basic Business Bank Account Bad Credit – Apply Online by Clicking Here

So what options are available to get a Basic Business Bank Account Bad Credit?

Well the encouraging news is there are Business Accounts available even for those with Bad Credit, so no matter what your problems may be, there will be an account available for your business.

The one thing you my have to appreciate is that if you have bad credit your options may be slightly limited, meaning you may need to compromise on what facilities you can have access to until such a time as you can open a regular high street account.

What type of Business Accounts can you Apply for with Bad Credit?

One of the most popular Business Accounts currently available for those with Bad Credit are offered without the need of a credit check, meaning any bad credit would not effect your application, as generally there are no credit facilities available.

These new Business Accounts are offered on an Identity basis only meaning anyone with bad credit can still apply as long as they can either be identified or identify themselves (normally with a copy of a valid passport or driving license plus a current utility bill or something similar)

Once Identified you could have your new business account with sort code & account number in a matter of days, meaning they are one of the quickest ways of opening a basic business bank account bade credit.

Need a Basic Business Bank Account Bad Credit?

Call 0800 773 4316 or 020 3286 3929

Basic Business Bank Account Bad Credit – Apply Online by Clicking Here

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We Will help no matter what your circumstances:

Call 020 3286 3929

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Guaranteed Merchant Services

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.

Guaranteed Offshore Services

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.

Guaranteed 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 – 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.