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business loans capexpand – do they look at personal credit reports?

Big.Paddy_2
Posts: 1 Newbie
in Loans
Does anyone know if lenders look at the directors credit reports if they take out a business loan. I've not got the best credit record due to some issues with the ex wife and joint accounts etc. however the business is as clean as a whistle? Just applied for a wonga for business loan and a capexpand one
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Comments
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Yes, the lenders will want directors guarantees for the loan and then will always do a credit search on the director...0
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Wonga for business loan?
Pristine indeed. Kiss a loan bye bye.0
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