2. The loan we’re offering is based on our assessment
of your current circumstances.
When you call we will ask for confirmation of
certain details, and/or for additional information,
so we can be sure everything is up to date.
The checklist below details the kind of questions
we’ll ask, although these can vary according to
your particular circumstances and the amount
you wish to borrow.
5. Finance application checklist
1. Your borrowing requirements
How much you want to borrow
How long you want to borrow it for
Why you want to borrow it
6. Finance application checklist
1. Your borrowing requirements
How much you want to borrow
How long you want to borrow it for
Why you want to borrow it
How you will repay it
7. Finance application checklist
2. About your business
A profile of the business, the owner and/or management
team including experience, expertise and track record.
8. Finance application checklist
2. About your business
A profile of the business, the owner and/or management
team including experience, expertise and track record.
Any amounts that you and/or the management team have
personally invested in the business.
9. Finance application checklist
2. About your business
A profile of the business, the owner and/or management
team including experience, expertise and track record.
Any amounts that you and/or the management team have
personally invested in the business.
Where assets for security are available, to provide details,
including an estimate of valuation (professional valuations
will be required in some instances).
10. Finance application checklist
2. About your business
A profile of the business, the owner and/or management
team including experience, expertise and track record.
Any amounts that you and/or the management team have
personally invested in the business.
Where assets for security are available, to provide details,
including an estimate of valuation (professional valuations
will be required in some instances).
Whether you have any other borrowing commitments.
11. Finance application checklist
3. Additional information
Depending on your request and how long your business has
been trading, we may also ask you to provide us with
additional information such as:
Business plans – usually covering the term of the borrowing.
12. Finance application checklist
3. Additional information
Depending on your request and how long your business has
been trading, we may also ask you to provide us with
additional information such as:
Business plans – usually covering the term of the borrowing.
Cash flow forecast – usually covering the term of the borrowing.
13. Finance application checklist
3. Additional information
Depending on your request and how long your business has
been trading, we may also ask you to provide us with
additional information such as:
Business plans – usually covering the term of the borrowing.
Cash flow forecast – usually covering the term of the borrowing.
Details of your business assets and liabilities, including any
additional income from other sources.
14. Finance application checklist
3. Additional information
Depending on your request and how long your business has
been trading, we may also ask you to provide us with
additional information such as:
Business plans – usually covering the term of the borrowing.
Cash flow forecast – usually covering the term of the borrowing.
Details of your business assets and liabilities, including any
additional income from other sources.
Management accounts.
15. Finance application checklist
3. Additional information
Depending on your request and how long your business has
been trading, we may also ask you to provide us with
additional information such as:
Business plans – usually covering the term of the borrowing.
Cash flow forecast – usually covering the term of the borrowing.
Details of your business assets and liabilities, including any
additional income from other sources.
Management accounts.
Historic financial accounts (for example, profit and loss,
balance sheet and cashflow statements).
16. Disclaimer:
Security may be required.
Any property given as security, including your home, may be repossessed if you
do not keep up payments on a loan secured against it. All lending is subject to
satisfactory credit assessment and we will need your permission to carry out
credit checks on and your business. You should not apply for any amount
that you cannot comfortably afford to repay now and in the future, to avoid
the possibility of legal action. We reserve the right to withdraw this offer at
our sole discretion.
Please contact us if you’d like this in Braille, large print or on audio tape.
