Whether you’re a new business that needs start-up funding, or a growing company that needs the funds for expansion, any application for finance involves building up a picture of your personal and business circumstances combined with your financial history. This is a critical part of assessing the business and will often be used alongside your business plan and cash flow projections.
Read more about our commitments to our business customers and what we ask of you – the Standards of Lending Practice.
If your application is declined
If your application is declined, we will confirm the reasons why, in writing. Your relationship contact will talk with you and explain why your application has been declined, and they will discuss any alternative options with you. If you are unhappy with the decision that has been made, you have the right to appeal and you can talk to your relationship contact about how to go about this. Learn more on how to appeal.