We accept all types of businesses. If you are a Limited Company, Limited Liability Partnership, or a Sole Trader you are welcomed here.
Each director or partner of the business needs to be over 18, and a UK resident. Your business also needs to have a business debit card attached to the main business bank account.
Your business will also need to have been operating and actively trading for at least 12 months in the UK with an annual turnover of at least £100,000.
In addition we will need you to provide us with one of the following:
- Business bank account: Either link us up electronically or call us for another option.
- VAT payment history: Last five quarters of VAT statements uploaded or linked.
In addition, you will need to provide us with the business or personal debit card. We use this for automatic billing and you will be asked to provide a personal guarantee for the business loan. In some cases where there are multiple owners we may ask for personal guarantees from multiple owners.
To give your business the best chance of being accepted, make sure you give us as much information as possible and ensure it is accurate when you apply.