Home – New Forums Money matters Changing business name – problems? Car loan + CC Reply To: Changing business name – problems? Car loan + CC

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akagrp
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Hello James

As a general rule, if the ACN and ABN of the Pty Ltd are staying the same and you are only applying to change the actual name via ASIC, your bank should have no issue updating the documents as they would normally run ASIC searches to match name and ACN and should have no extra charges.

It is recommended that you advise the dealer if you have not yet to collect car, so as to have correct name on car registration and insurance documents.

Normally the bank would want to see minutes covering the name change resolution and new certificate of incorporation showing name change.

Best of luck with your new venturer and great to see taking first steps of separating personal and business expenses via having a business credit card.