Check Your Business Loan Eligibility in 60 Seconds
Answer a few quick questions about your business and trading history to see which of our 50+ UK lenders you're likely to qualify with, before you make a single application.
No credit check. The check uses a soft search, so there's no impact on your credit file, and no obligation to proceed with an application afterwards.
What we'll ask you
The check covers 12 quick questions about your business. Here's what to expect, so you can have the answers ready.
Time trading
How long your business has been operating, from under 6 months to 3+ years.
Monthly revenue
Your average monthly turnover, used to estimate borrowing capacity.
Annual profit
Profit after expenses, before tax. An estimate is fine if you don't have exact figures.
Net assets
Total assets minus total liabilities, from your balance sheet if you have one.
Funding needed
How much you're looking to raise, from £5,000 up to £250,000+.
Business type
Whether you trade as a Limited Company, Sole Trader, Partnership, or LLP.
Industry
Your sector, since some lenders specialise in or avoid certain industries.
CCJs or defaults
Any County Court Judgments, defaults, or outstanding debts on record.
Director homeownership
Whether any directors own property, which affects some lending products.
Card payment volume
What share of revenue comes through card payments, relevant for revenue-based finance.
Existing loans
Any current business borrowing, and whether repayments are up to date.
Filed accounts
Whether you have accounts filed with Companies House, and for how long.
Eligibility check FAQs
- Does checking my eligibility affect my credit score?
- No. The eligibility check uses a soft search that has no impact on your personal or business credit score. It only becomes a hard search if you choose to proceed with a full application with a lender.
- How long does the eligibility check take?
- Most businesses complete it in around 60 seconds. You'll answer 12 short questions about your business and trading history, then see your result immediately.
- Do I need to provide bank statements or documents?
- Not for the eligibility check itself. It's based on the answers you give. Documents such as bank statements and filed accounts are only requested later if you decide to move forward with a full application.
- What happens after I complete the check?
- You'll see which type of funding outcome is realistic for your business: likely eligible, may need security, or not realistic yet. If you're eligible, you can choose to continue to a full application, which we then match against our panel of UK lenders.
- Is there any obligation to apply for funding?
- None. The eligibility check is free and carries no obligation. You can see your result and decide not to proceed, with no impact on your business.
- Who is this eligibility check for?
- It's built for UK small and medium-sized businesses, Limited Companies, Sole Traders, Partnerships and LLPs, looking to understand their funding options before applying to lenders.