{"id":2321,"date":"2015-08-08T10:40:02","date_gmt":"2015-08-08T10:40:02","guid":{"rendered":"http:\/\/www.andrewhope.co.uk\/Blog\/?p=2321"},"modified":"2022-05-14T20:06:47","modified_gmt":"2022-05-14T19:06:47","slug":"business-bank-account-bad-credit","status":"publish","type":"post","link":"https:\/\/www.andrewhope.co.uk\/Blog\/business-bank-account-bad-credit\/","title":{"rendered":"Business Bank Account – Bad Credit"},"content":{"rendered":"
One of the major problems for myself, after registering my business. Is that my own “personal” credit score is rubbish. I know what caused this.<\/p>\n
Now after registering my business, technically they’re separate entities. Unfortunately the major banks don’t see it that way. They only see it as debt you can’t look after. I applied for a business bank account with my existing provider and they rejected me.<\/p>\n
Now, I know my business won’t be fully established for possibly 1-2 years, but I wanted everything separate so that it would make my finances easier to manage when it comes to the yearly tax calculations. So any basic account I could load up with money for outgoing payments (such as buying business supplies, stock) and receive incoming payments would do<\/p>\n