Its like applying for a mortgage. Ok heres whats bothering me. I just contacted Bank of Ireland. I am setting up an online travel business initially starting from home.
Because my business is online I dont require a public office and thought it would be advantagous to setup with less overheads in the current climate. Its not that I am lying in bed with a laptop - I have a seperate converted garage about 60sqm with heating, flooring etc. Probably more comfortable than a serviced office and definetly more space.
So Im shopping around and stumble upon Bank of Ireland merchant services. When I eventually got through I was launched into a screening process and hurled with a load of questions one of them being - "Will you be trading from a commercial premises?" ...............What difference does that make? When I said I would be initially trading from home I was told "you have no chance with our credit underwriters" in the most abrupt of manners ............. I subsequently put down the phone.
Is this what our banks have become. Turning down start up business. Yet the Directors are not even reprimanded for taking 84million. Its a farce and yet again they believe they control the country and how it is run. - Well they are wrong and I am going to go to the Uk and do my business from there. Much more accomodating on the phone and can get me setup in a matter of hours instead of a matter of weeks here. People can vote with their feet.
I hope this bank is nationalised after that response.
What is wrong with this country?