The business and the applicant are assessed together

For business owners, lenders normally look beyond a single salary figure. Company activity, ownership, profitability, banking conduct and personal commitments all help form the credit view.

Prepare a clean evidence pack

Exact requirements vary by lender and company structure.

  • Trade licence and ownership documents
  • Business and personal bank statements
  • Audited or management financials where available
  • Existing facilities and liabilities
  • Evidence of available contribution

Choose the lender before submitting

A well-matched lender and complete application can be more valuable than applying widely. Criteria and acceptable income methods differ materially between banks.

Educational information only—not financial advice, approval or an offer of finance.