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Mobile phone contract for limited companies

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Hi

After a bit of advice.

Been running a limited company for 15 months. Following a bit of luck with some contracts coming in we have decided to apply for mobile phone contracts. One issue the sales rep mentioned was that as our company account didn’t show a massive amount of profit after the first 12 months we may struggle for credit.

Is this a common thing that a limited company can struggle with credit? Are the same checks done against the company that would be done against an individual?

Any helps and adored appreciated.

TIA

Comments

  • Jon_01
    Jon_01 Posts: 5,918 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The checks are more in depth (or used to be).

    There's a lot of fraud by people saying they run a company and then running up huge bills and not paying them, so all the networks run a different level of checking if it's a business account.
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