LOAN APPLICATION / YOUR ACCEPTANCE OF TERMS

No algorithm lending. Just flexible finance backed by common sense.

If your business has traded for less than three years and you want to borrow up to £25,000 you may wish to apply for a Start Up Loan.

Before you proceed, please note we will be undertaking personal credit checks for nominated applicants.

If you provide information about any other people you represent or as part of your loan application (for example, they may be co-directors, business partners, shareholders or guarantors), you must ensure that you have their personal authority to do so and to act on their behalf.

By ticking the box below you confirm and declare that you have that authority and that the individuals concerned have read and agree with the contents of our Terms of Engagement, Privacy Notice, Personal Guarantee Notice and Transunion Privacy Notice.

Confirmation

I have read, understand and agree to the Terms of Engagement, Privacy Notice, Personal Guarantee Notice and Transunion Privacy Notice.

LOAN APPLICATION / ABOUT YOU

If your business has traded for less than three years and you want to borrow up to £25,000 you may wish to apply for a Start Up Loan.

If you want to apply for a loan then the loan may be granted upon your ability to repay the agreed loan so please be honest in the following section.

Your details

Application ID

Title

First name

Middle name

Family name

Date of birth

dd/mm/yyyy

Contract signing authority

Home address

City

Postcode

How many years have you lived at your current address?

Previous addresses

Click the 'Add another previous address' link to add multiple previous addresses

Previous addresses (If less than 3 years):

How long at previous addresses?

Email address

Mobile telephone

Are you a UK citizen?

Do you have the right to live and work in the UK?

Equality and diversity monitoring

Business Enterprise Fund (BEF) are a responsible finance lender committed to reducing the finance gap for SMEs. We want to build an accurate picture of the individuals and communities that we reach. We need your help and co-operation to enable it to do this.

The information provided will be kept confidential and will be used for monitoring purposes only.

What is your gender?

What is your ethnicity?

Ethnicity options

Do you consider yourself to have a disability or vulnerable health condition

LOAN APPLICATION / ABOUT YOUR BUSINESS

If your business has traded for less than three years and you want to borrow up to £25,000 you may wish to apply for a Start Up Loan.

If you want to apply for a loan then the loan may be granted upon your ability to repay the agreed loan so please be honest in the following section.

You may be required to provide further information on the financial position of your business.

Business details

Business name

Business address

City

Postcode

Business telephone

Business email

Website

Company number

VAT number

Trade sector

Company structure

Trading start date

dd/mm/yyyy

Number of current full-time employees

Select which best describes your business customers

Details of loan

Purpose of loan?

Select your main reason for borrowing.

How much would you like to borrow?

Please enter a loan amount between £500 and £250,000. Please enter numbers only.

How long do you want to borrow for?

Are you the only director in your business?

Current financials

Last quarter turnover (£)

For current financial year. Please enter numbers only.

Annual turnover (£)

Please enter numbers only

Pre-tax profits (£)

Please enter numbers only

Does your turnover include any grants or income from sources other than your usual trading activities?

If yes to the above please advise % turnover from non-trading activities

Forecast turnover (£)

Please enter numbers only

Current total debt (£)

Please enter numbers only

Financial information

The following supporting information is required to progress your application. To minimise any delays to your application please upload this information now.

You do not have to upload this information if your broker has forwarded it to an Investment Manager.

6 months bank statements

Latest year end accounts

Quarterly M.I.

Cashflow forecast

Business plan

Who referred you to BEF?

How did you hear about BEF?

What is the name of the person who introduced you to BEF?

What is the name of the business or organisation they represent?

Which BEF team member were you introduced to?

IM to notify

LOAN APPLICATION / SELF-DECLARATION

If your business has traded for less than three years and you want to borrow up to £25,000 you may wish to apply for a Start Up Loan.

If you want to apply for a loan then the loan may be granted upon your ability to repay the agreed loan so please be honest in the following section.

You may be required to provide further information on your personal financial position.

Your household

Number in household

Please input numbers only.

Number of dependent children

Please input numbers only.

Other dependents

Please input numbers only.

Your monthly income

Monthly income (£)

Please input numbers only.

Partners monthly income (£)

Please input numbers only.

Your assets

Value of main residence (£)

Please input numbers only.

Value of other properties (£)

Please input numbers only.

Other assets (£)

Please input numbers only.

Total cash / savings (£)

Please input numbers only.

Personal liabilities

Outstanding mortgage - main residence (£)

Please input numbers only.

Outstanding mortgage - other properties (£)

Please input numbers only.

Personal loans (£)

Please input numbers only.

Personal Guarantees signed (£)

Please input numbers only.

Do you have any additional liabilities or payment plans?

Who do you owe the debt to?

What type of debt is it?

Amount outstanding (£)

Please input numbers only.

Monthly repayments (£)

Please input numbers only.

Director's responsibility

Have you ever been disqualified as a director?

If yes, please provide details

Have you been a director of a company that has entered insolvency proceedings?

If yes, please provide details

Have you ever been declared bankrupt?