Business Bank Accounts for all High-Risk Businesses –First Friendly Finance can open a business account for almost all legally trading business activities providing First Friendly Finance have all the required information and details of the business
High Risk Businesses are:
MSB Business Accounts
It is almost impossible to open a new Business Bank Account for an MSB, as the mainstream banks regard these as too high risk for banking, First Friendly Finance have options available that will allow MSB to legitimately trade. Options can include UK based business accounts, with full banking facilities and optional client accounts.
Gaming, Gambling & Competition
First Friendly Finance can open a bank account for any gaming, gambling or competition business. As these businesses are considered very high risk, very few providers will consider accepting an application.
With our providers, First Friendly Finance can offer full UK banking facilities regardless of the risk levels of your business activity.
Adult Entertainment
No UK banks will consider anything to do with Adult Entertainment, meaning your options will be very limited unless you look at very remote & risky jurisdictions.
First Friendly Finance work with some UK providers who will consider an application and accept yje application for account
Crypto currency business accounts
As a growing and unregulated marketplace, Crypto currencies appear to many of the main Banks to be far too risky to be offering business account to.
As such, none of the main banks in the UK will offer any business banking accounts for a Crypto currency business.
CBD Oil Business Account
CBD Oil, as a derivative of Cannabis puts this type of business in the heart of being considered as ‘High Risk’ despite the fact the products are 100% legitimate and permitted.
First Friendly Finance have a small number of fully regulated online providers who First Friendly Finance come any business involved with CDB Oil and will be only too happy to open a business account for you.