From: "Tim"
Newsgroups: uk.finance
Subject: Re: Company credit card
Date: Tue, 5 Oct 2004 07:36:37 +0000 (UTC)
> >"Eric Jones" wrote
> >> In that case I think you will need to transfer the business
> >> account to a proper bank which offers this facility.
> >
> "Tim" writes
> >Why not simply open a new account, and keep both running together?
>
"john boyle" wrote
> Because if the business is going to grow then it might need
> overdraft or loan facilities. Running a parallel account will mean
> the bank you ask to provide the facilities wont be able to see
> the full picture, and the credit scoring wont see your full turnover.
So apply for two "half-sized" overdrafts/loans, one from each bank...??!
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