Can I open a private limited company account ?

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Jish

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Post by Jish » Fri Sep 30, 2016 4:32 pm
can i open a private limited company account while iam already on iva
 
 

Foggy

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Post by Foggy » Fri Sep 30, 2016 5:57 pm
You can, if you can find a bank that is willing. This usually needs a branch visit and a sympathetic manager to over-ride the computer generated refusals.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

walesdave

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Post by walesdave » Fri Sep 30, 2016 9:46 pm
Barclays opened one for me while in an IVA.
No credit facilities at all and the local business manager had to 'fight my case' to head office.
Apart from taking a day or two longer than normal (waiting for head office decision) it was fairly painless.
I think a lot is to do with your planned business; as I was going self employed IT Contracting they saw I wouldn't be using the account much....invoice paid in one a month, salary and dividends paid out once a month.
 
 

kallis3

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Post by kallis3 » Sat Oct 01, 2016 9:26 am
That was good then walesdave - glad to see a bank being supportive for once!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
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