Do Barclays do a credit check for a business account?

lil_miss_sunshine

So, i have heard that barclays dont do a credit check for their business accounts, does anyone know if this is true?

Thanks

PROLIANT

lil_miss_sunshine wrote: »

So, i have heard that barclays dont do a credit check for their business accounts, does anyone know if this is true?

Thanks

They credit check you in your name if you are a sole trader, if you are a director you and the company will be checked.
Who ever told you otherwise has mislead you.

withnell

Would you extend a line of credit to someone if you hadn't checked them out first?

lil_miss_sunshine

No, thats what i though. Ive heard it a few times and have even seen someone on this board say it, so i thought i's check it out...

olly300

lil_miss_sunshine wrote: »

No, thats what i though. Ive heard it a few times and have even seen someone on this board say it, so i thought i's check it out...

All banks offering a business current account will do a credit check.

stclair

Does Judith Chalmers have a passport??? YES lol

PNPSUKNET

If you have a personal account with the bunch of monkeys dont have a business account, once you do they are a night mare

never-in-doubt

Natwest offer a basic business account which may be suitable, if you have a few blemishes....

thatsean

lil_miss_sunshine wrote: »

So, i have heard that barclays dont do a credit check for their business accounts, does anyone know if this is true?

Thanks

Hi there, if you're not sorted with Barclays, I've just opened a foundation business account with Natwest. I've already got a Step account with them, and it took a whole 9:48 on the phone to do checks and open the account. I even got my new sort code and account number. If you're a new start up they waive the fees for two years also.