What is the approval criteria for the Business Account?

All applicants will need to commit to spending at least £1,000 per year.

Private businesses will need to obtain the relevant level of credit required, so we’ll use an approved credit agency to undertake a credit check on your organisation. If you are a limited company, the credit check is based on accounts information filed at Companies House. For non-limited companies or sole traders, the credit check is based on your trading history. You’ll also need to be UK registered, and have been trading for at least 6 months.