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Getting a car through my business?
kayenails
Posts: 6 Forumite
Hi, I have a poor credit rating and unable to get any credit from anyone however I have just opened a salon and business is going very well. Can I get a car finance or lease through my business? How long should I wait before I apply? Thanks!
0
Comments
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Unless your business is a separate legal body (limited company) your business is you.
Your business will be assessed on your own personal creditworthiness.
Even if your business was a limited company until it has been trading for a few years with healthy financials you would likely be asked to stand as guarantor. Again, is would be based on your own personal creditworthiness.
Sorry to be so blunt but from reading your other posts this is not likely to happen.0
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