Starling Bounce Back

Carmerk

Got my loan this afternoon, so it’s pretty quick when you apply. 

jackroit

is starling bank offering to open a business account for an Ltd Company that is not VAT registered? 

stratty

Why would being under or over the vat threshold have any impact on your eligibility for an account?  

wilkima5

Carmerk said:

Got my loan this afternoon, so it’s pretty quick when you apply. 

I applied yesterday and have heard jack , how long did you wait ??

Bolt1234

Husband got his loan 36 hours after applying,

InkedByrd

Any idea how starling are working for newly self employed? Can you estimate turnover? Sole trader started 1st Feb so only have 9 weeks trading before the last tax year ended.

scrooger

@InkedByrd

Sole traders who started trading between 6th April 2019 and 1 March 2020 will need:

• One of the following:

  • your VAT number if you are VAT registered or
  • your 2019/2020 tax return (SA100) AND your 2019/2020 tax calculation (SA302). We know this is earlier than you would normally do your tax return, but it will help us verify your business.

And in the form you estimate predicted turnover.

stratty

No card again today.  Postal service is killing me.

InkedByrd

stratty said:

No card again today.  Postal service is killing me.

We haven't had post since Saturday 9th May and even then it was dated 1st May and 30th April. I think they are swamped. 

InkedByrd

scrooger said:

@InkedByrd

Sole traders who started trading between 6th April 2019 and 1 March 2020 will need:

• One of the following:

  • your VAT number if you are VAT registered or
  • your 2019/2020 tax return (SA100) AND your 2019/2020 tax calculation (SA302). We know this is earlier than you would normally do your tax return, but it will help us verify your business.

And in the form you estimate predicted turnover.

Tha is for that Scrooger. He has his 19/20 return done already. He is just trying to decide if he should apply or try ride it out.  We are in Scotland so still lockdown he is hospitality so 2020 is a bit of a bust