People of STW
I know there is a massive collection of knowledge on here, so thought i’d ask here first.
If a business wanted to borrow some money, but have a lovely purchase order for more (40% more) than what is required to borrow, but the Ltd company has no previous banking history due to it being a new ltd co’. The director has no outstanding finance or recent problems, but in 2006 a default was filed, but now settled…
We’re stuck! I dont want to use my current bank (lloyds) because I find them ever-so-slightly(!!!!) abhorrent to deal with, and natwest, i’d rather stick pins in my eyes than use them…. and barclay’s said no due to the default.
Does anyone have any suggestions as to who/where may well be able to help? with a bit more focus on the PO?
thanks in advance!
Jonathan 😉