I went broke a couple of years earlier, so I have a bad credit rating on my personal name. I’ve lately started a business that’s very profitable, and I have the opportunity to expand and tap into very lucrative returns. However the business need venture capital in order to capitalize on these opportunities. I went to the bank I use for my company which is a Pty Ltd for a business loan. They had a look at my idea and the expansion plans and are keen to process the application also are positive. Because of the fact that I am the sole director of the company my personal credit record could negatively affect my application. I want to know once I’ve received my clearance certificate can I somehow erase the previous 2 years payment history? For when the bank look at my record it will not affect my application?