The UK’s five largest high street banks offer their insight to help you ensure your application for credit stands the greatest chance for success.
When you apply for a loan, your bank will ask you for a variety of details. Most banks usually provide a detailed guide to help you through your application, but this checklist provides a good starting point for your preparations.
A business plan describes where your business is now, your aims for the future, and how you expect to achieve them. In addition to obtaining finance, a good business plan can also help you to remain clear about your strengths, weaknesses, targets and performance.
If you are starting a business and looking for finance, make sure you’re prepared to answer the bank's questions and can back up your answers with research as much as possible.
Britain’s largest banks have joined forces to support a network of business mentors across Britain. Mentorsme.co.uk is the UK's first specialist online portal for businesses looking for mentoring services.
When you apply for credit or finance, the bank will want to build a picture of your past and current circumstances to help them make their decision. Credit Scoring plays a big part in the process.
I have had a lending application declined, can I appeal?
An external Independent Reviewer, Professor Russel Griggs monitors and scrutinises the appeals process.
If you're a business, club, society or charitable organisation, the Business Account Finder helps you to find up-to date information on the UK banking market.
mentorsme.co.uk helps small and medium-sized businesses quickly and easily find a mentoring organisation that matches their requirements.
The ICAEW Business Advice Service offers SMEs and start-ups a free initial consultation with an ICAEW Chartered Accountant at more than 3,000 locations around the country.