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business overdrafts.

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bonzo123 | 18:59 Thu 11th Oct 2007 | Personal Finance
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can i get a business overdraft if i have had recent credit problems, whilst opening up ma buisiness account?.which banks are the best to approach?.
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You need to open a business account first, and it is dependant on what kind of credit problems you have had.

A business manager will want to see a business plan with projected sales/overheads etc before they will look at a loan. The best bank to approach is the one where you have your personal account, as they know your history, and loyalty goes a long way. If you need a loan to start your business up, you may be better of with a personal loan in your own name - check out the best deals on line.

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business overdrafts.

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