by admin | Jun 21, 2019 | Adverse Credit, Business Bank Account, County Court Judgement, IVA, Sole trader |
Yes you can open a sole trader business bank account with bad credit, however, you will need to look outside of the high street banks to do so. The biggest issue with applying for a sole trader business bank account with any of the high street banks is they will all...
by admin | Jun 18, 2019 | Adverse Credit, Business Bank Account, IVA |
There are a number of basic business bank accounts available which will be ideal if you have been declined by a high street bank, but which one will work best for your business? With a high street bank you will often know exactly what facilities will be available to...
by admin | May 23, 2019 | Adverse Credit, Business Bank Account, County Court Judgement, IVA, Sole trader |
The benefit of opening a no credit check business bank account is that they are generally available to anyone who may have some adverse credit. Adverse credit can be anything from Bankrupts, IVA, CCJs, arrears, defaults or anything that could show up on a credit file....
by admin | May 21, 2019 | Adverse Credit, Business Bank Account, County Court Judgement, IVA, Sole trader |
Whilst using a Personal bank account instead of a dedicated Sole Trader business account is not illegal, it could cause you some problems if you do. Having a Sole Trader business account is always recommended for your business however sometimes we know that might not...
by admin | May 15, 2019 | Adverse Credit, Business Bank Account, County Court Judgement, High Risk business activity, IVA, Non UK Residents |
There are a number of reasons why you would get declined for a business bank account, however the main three reasons are listed below. Adverse Credit As every high street bank will perform a credit check, if any of the directors or main shareholders has a poor credit...
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