Business Accounts provide business owners with the means to manage their business funds, from every-day business banking with an account that allows easy access to cash, to business savings accounts offering competitive rates of interest to help your business funds grow with your business.
All businesses are eligible for a
business bank account, so whether your business is big or small, a business account is worth considering. Once you have applied for an account, it is down to the bank to approve or deny your application as they see fit.
If you are a new company that is only just starting/ has not been trading for very long, you will need to provide details regarding your business, which may include financial forecasts, together with a detailed business plan.
However, if you are an existing company then you will need to provide details of how you have managed your accounts in the past. The bank you apply to may carry out a credit check based on past banking history as part of decision process. This will include looking at outstanding debts or any other potential problems.
To compare the best business accounts available to you, simply go to Which4U's Business Bank Accounts section and you will find a table featuring all of the best accounts on the market. Then all you have to do is search for the right one for you and click apply.