Business Loan Application
Congratulations on passing the Initial Assessment stage! Please follow the guidance below to complete your full business loan application.
Document Checklist
Make sure you’ve gathered all the required documents before submitting. First, complete the online Loan Application Form separately. Then, upload all supporting documents using the Full Submission Form.
Templates & Guides
These templates and accompanying guidelines will help you organise your information and ensure nothing important is missed.
APPLICATION FORM DOCUMENTS
LOAN APPLICATION FORM
Online form to complete
Complete all sections with accurate business and loan details
Double-check figures match your supporting documents
Write "N/A" for sections that don't apply to your business
Take your time - incomplete applications cause delays
BUSINESS PLAN DOCUMENT
Word document to download
Outline your business model, target market, and competition analysis
Include marketing strategy and realistic growth projections
Keep to 10-20 pages - don't make it overly complex
Use our template to structure this effectively
CASHFLOW FORECAST
Word document to download
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Monthly breakdown of expected income and expenses for 12-18 months
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Include seasonal variations, major purchases, and loan repayments
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Be realistic rather than optimistic to build credibility
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Show different scenarios if your business is seasonal or project-based
BUSINESS LIABILITIES
Word document to download
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List all business debts including loans, credit cards, and hire purchase agreements
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Include creditor names, outstanding amounts, and monthly payments
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Add end dates for all existing commitments
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Helps us understand your current financial obligations and calculate affordability
PERSONAL DATA DOCUMENTS
PERSONAL STATEMENT OF AFFAIRS
Word document to download
Detail your personal finances including salary and other income
List property values, savings, investments, and all personal debts
Include your partner's finances if they're involved in the business
Gives us a complete picture of your financial stability
PHOTOGRAPHIC IDENTIFICATION
View example
Clear, colour copy of your current UK passport photo page
If using driving licence, provide both sides
Document must be in date showing photo and signature clearly
Used for identity verification and Money Laundering Regulation compliance
PROOF OF HOME ADDRESS
View example
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Recent document (within 3 months) showing full name and current address
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Acceptable: utility bills, Council Tax statements, or bank statements
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Not accepted: mobile phone bills or credit card statements
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Provide address history evidence if you've recently moved
PERSONAL BANK STATEMENT
(OPTIONAL) - View example
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May be requested for personal guarantees or personal fund investment
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Not a statutory requirement for Business Loans
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Can be used as Proof of Home Address if needed
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Only most recent month required if submitted
PERSONAL CREDIT REPORT
Download guidelines
We perform credit checks with UK agencies on all directors/owners
Poor credit doesn't automatically mean decline - we consider the full picture
Better to explain credit issues upfront rather than let us discover them
Download our guidelines for information on how we use credit data
BUSINESS INFORMATION DOCUMENTS
SIX MONTHS' BUSINESS BANK STATEMENTS
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Consecutive monthly statements for all business accounts
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Shows actual trading performance and cash flow patterns
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Include current accounts, savings, and loan accounts
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Ensure statements are recent, complete, and clearly show account holder details
THREE YEARS' FINANCIAL ACCOUNTS
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Filed annual accounts with Companies House or professionally prepared accounts
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Should show profit & loss, balance sheet, and cash flow
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Newer businesses provide what's available
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Demonstrates business performance trends and financial position
MANAGEMENT ACCOUNTS
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Internal financial statements prepared monthly or quarterly
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Must include profit & loss and balance sheet
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Should be no more than 6 months old
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Shows current trading beyond your last filed accounts
AGED DEBTORS & CREDITORS REPORT
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Breakdown of money owed to you and money you owe others
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Categorised by age (0-30 days, 31-60 days, etc.)
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Shows cash flow timing and credit control effectiveness
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Demonstrates payment practices with suppliers
ORDER BOOK/WORK IN PROGRESS
Documentation of confirmed future work and signed contracts
Include contract values, start dates, and payment terms
Demonstrates business sustainability and supports cash flow forecasts
Particularly important for project-based or seasonal businesses
SUPPORTING INFORMATION (OPTIONAL)
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Additional documents that strengthen your application
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Include major customer contracts, supplier agreements, or professional qualifications
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Awards, market research, or press coverage also valuable
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Only include relevant information supporting your funding request
Contact your Investment Manager
If you require any help or further guidance while preparing your documents, please contact your assigned Investment Manager.
Submit Your Full Application
Ready to apply? Complete your application online using our secure application portal. The form is designed to be straightforward and user-friendly.
How it works:
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First, complete the online Loan Application Form.
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Use the button below to submit your Full Application.
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Save your progress (make sure you save the link).
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Review and submit when ready.
After you submit:
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Your Investment Manager will review your application and provide feedback within 3-5 working days.
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Please note that some applications may require multiple revisions before approval.
Loan Calculator
Enter your loan amount and choose a repayment term. The interest rate shown (17%) is just an example - our rates are typically around this figure.
Loan Information
Below is an overview of key features and requirements to help you understand what’s included before you apply.
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Loan Amount: £25,001 – £250,000
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Interest Rate: 17% variable (Base Rate + 13%)
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Repayment Terms: Up to 5 years
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Early Repayment: No penalties for early repayment or overpayment
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Arrangement Fee: 3.5% (can be added to the loan or deducted upfront)
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Applicant Contribution: A minimum contribution of 10% towards the loan facility is recommended (cash in your business account or fixed assets)
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Security Requirements:
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100% Personal Guarantee from each Director listed on Companies House
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Company Debenture (required in most applications)
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Use of Funds:
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Purchase assets, working capital, marketing, staff salaries, management buyouts (MBOs), and general business activities
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Refinancing existing debt
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A personal guarantee is a legal commitment from you (or other directors/shareholders) to repay the loan if your business is unable to. It’s a common requirement for business loans and helps us to offer better terms.
Key points:
You may be personally liable for the loan amount if the business defaults.
This could involve your personal assets.
A debenture is a legal charge placed on your company’s assets. It gives us security over those assets if the business fails to repay the loan.
Key points:
It can cover all assets (floating charge) or specific ones (fixed charge).
It gives us priority over other creditors if the company goes into liquidation.
It does not affect your personal assets unless combined with a personal guarantee.
These measures help us offer competitive loan terms while ensuring responsible lending. They also demonstrate your commitment to the success of your business.
