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New LTD company Credit for sim only
prodigalson
Posts: 68 Forumite
I am currently looking for a sim only deal for a newly incorporated UK LTD company. Anybody know what the requirements are as the company will have little to no information on the credit file. Just want a cheap sim only deal
Emergency Fund: 0/1,000
ISA: 0/20,000
Loqbox: 0/10,000
ISA: 0/20,000
Loqbox: 0/10,000
0
Comments
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All of the main providers have a Business section with Sim Only contracts.
Having been in this situation, I can confirm that they will check you as a Director of the Company and use your Personal profile as a basis for their decision. Once you are 2-3 years of trading and have filed your accounts, your Business will have enough of a profile to stand on its own two feet for Credit Applications.
Dean0 -
All of the main providers have a Business section with Sim Only contracts.
Having been in this situation, I can confirm that they will check you as a Director of the Company and use your Personal profile as a basis for their decision. Once you are 2-3 years of trading and have filed your accounts, your Business will have enough of a profile to stand on its own two feet for Credit Applications.
Dean
Thank you for providing a clear and concise answerEmergency Fund: 0/1,000
ISA: 0/20,000
Loqbox: 0/10,0000
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