Do you accept businesses that have been trading for less than 12 months?
Yes, we do accept business that have been trading for less than a year.
We know that new businesses won’t always have financial statements or an existing bank account, and we wanted to make sure there were options available in these circumstances.
Our onboarding process works the same way regardless of how long you’ve been trading. You’ll need a clear explanation of your business activity and legal company ownership documents.
You may be asked to provide documents such as a certificate of incorporation, sample invoices, or client agreements. This is because our team needs to understand where your company revenue comes from.
This is why we’re proud of our no chatbot policy - we approach each case individually to ensure your business needs are met.
Are you a newly trading business looking for a banking partner that'll enable your global growth? Start your application for a 3S Money account now.
First published on 24/02/2022.