Is your poor credit history preventing you from opening a business bank account?
Setting up your own business, either as a sole trader, partnership, or limited company, is a great idea for many reasons. Perhaps you feel it’s time to become your own boss. Or maybe you are skilled in a particular craft or trade and want to earn money doing something you’re good at. Whatever your reasons for setting up a business, you can enjoy a number of great benefits:
- Be your own boss and do things your way
- Earn a living doing something you enjoy
- Cut out the commute and keep overheads low by working from home
- Learn new things and pursue your dreams
Can I have a business bank account with my poor credit history?
If you’re thinking of setting up your own business then one of the key things on your to-do list will be to set up a business bank account. Most people turn to the main high street banks, but they’re really clamping down on security and making it harder for people to open accounts.
If you’ve previously been declared bankrupt, have CCJs, arrears, or defaulted payments against your name, or are not on the electoral roll then you may find that the high street lenders reject your application. A bad credit rating shouldn’t stop you from opening a business bank account and running your business effectively.
Business banking the BZX way
Here at BZX Investments we specialise in providing business owners with a business account with no credit checks. Don’t let your financial past dictate your financial future! We offer bank accounts to all business owners, no matter what their circumstances or credit rating. Get in touch today to find out more about our cost-effective business bank accounts for people with poor credit.