I don't have a Business Bank Account but do have a PayPal account. Can I use this instead? | FAQs | Our loans | Foundation East

I don't have a Business Bank Account but do have a PayPal account. Can I use this instead?

In order to assess your Business Loan application we need to see evidence of your business trading activity. We can do this by looking at your Business Bank statements. If you trade through PayPal we would be interested in seeing these statements as well. If you don't have a Business Bank account this will need to be set up before any loan is disbursed.

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