Business Account with Bad Credit

Opening a Business Bank Account with Bad Credit

There is an easy approach of opening a business bank account with bad credit, even if you have been declined because of your poor credit history, so don’t despair, we will be able to assist you.

Every one of the high street Banks will carry out a credit check as part of their opening process to see if you’re acceptable to set up a business bank account. If you do not pass their credit check then your options of opening a business bank account could be very restricted. However you can still open up a business bank account with bad credit as long as you either apply for a guaranteed service or choose to open an account which avoids the need for a credit check.

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Can I open a Business Bank Account with Bad Credit?

Whilst you may struggle to set up a business bank account with bad credit there are various options you can undertake that is suitable for people with any type credit history including those who have a severe credit problem.

The accounts available will often be available without the need for a credit check, so even those who have been declined or refused before will still be accepted as long as they can be formally identified.

So even though almost every business bank will decline most applicants with bad credit, there are options available so you can rest assured you will be able to open your new business account regardless of your bad credit.