Trading history
Homeowner clients generally need at least six months of trading. Non-homeowner clients generally need twelve months of trading and a profit and loss statement.
Use this guide to check out the main business loan eligibility criteria before introducing a UK SME case. We assess each application on its full circumstances and current trading.
These business lending criteria help brokers decide whether a case is ready for an initial conversation. Meeting the points below does not guarantee approval; our team reviews the complete application, affordability, and supporting information.
Homeowner clients generally need at least six months of trading. Non-homeowner clients generally need twelve months of trading and a profit and loss statement.
We look for consistent monthly revenue of around £5,000 or more. Regular trading activity helps us understand how the business is performing now.
Homeowner director cases give us more scope to consider the full picture, including adverse credit. Satisfied CCJs and maintained payment plans can be considered. Non-homeowner cases have tighter criteria, and adverse credit is not considered.
We consider the requested amount, expected repayments, existing commitments, current trading, and how the funding will be used. Funding may support working capital, supplier payments, stock, payroll, tax bills, repairs, contracts, or growth.
We cannot fund religious organizations, adult industries, charities, financial institutions, or non-profits. If you are unsure whether a client’s sector is eligible, contact us with the case details.
For an initial review, share the requested amount, funding purpose, time trading, approximate monthly revenue, and relevant credit context. Non-homeowner cases should include a profit and loss statement. We may ask for further details as the review progresses.
Open Banking is optional. A client connection can help us understand current business activity sooner, but a broker can start the conversation without it.
For an overview of the process, commission and broker support, see our business loans for broker's page.
We consider trading history, monthly revenue, director status, credit history, affordability, funding purpose, and sector. Homeowner cases generally need six months of trading; non-homeowner cases generally need twelve months and a profit and loss statement.
No. Open Banking is not a requirement. If the client connects to their account, it can help us review trading activity and reach a decision faster.
On homeowner director cases, satisfied CCJs and CCJs on a payment plan that is being maintained can be considered. We do not consider adverse credit on non-homeowner cases.
Register as a broker, then email us the requested amount, funding purpose, trading history, and relevant credit context. Our team will discuss the case and explain what information is needed next.
Talk with our broker team about the client's circumstances and the next step.
Explore Broker Support