If you get an off the shelf company the Articles will, most likely, prohibit directors being in debt solutions, but this can easily be remedied by a resolution.
If the company needs credit you, as a director could be credit checked, which will fail, or you could be asked to give a personal guarantee, which you cannot do -- so no credit facilities.
As you rightly say, a bank account could be problematic, but not impossible.
Getting bank account may be a problem and/or if you are expected to be a signatory.
The plan was to find the opening of the business using crowd fund, since it offers opportunities for the community. I was also worried that this would be seen as personal income but obviously it wouldn't be, as it would belong to the business. I'm starting to wonder if I would be better trying to get an investor/partner to avoid these pitfalls.
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