Yes. It is completely normal for a director to hold roles across several companies, and it does not stop you applying. The application is about the borrowing company's own position — its trading, its cash flow, its credit picture — not a tally of every business the director touches.
How connected companies are viewed
We assess the applicant company on its own merits. Where businesses are genuinely connected — a group, or companies sharing finances — that context can be relevant to the overall picture, but simply sharing a director is not a problem. Group structures are covered in holding and group companies.
A strong applicant company is not penalised for a director's involvement elsewhere, and a weak one is not rescued by it. The decision follows the applicant's own affordability — see how we decide whether to lend.
Where it can matter
If money flows between the companies through the same accounts, that will show in the bank feed and is read as part of the affordability picture — what does assessing affordability mean. Keeping each company's banking clean and separate makes any application clearer. Multiple loans across your businesses are covered in can my business have more than one loan with you.
Apply for the company that needs the finance.
We lend only to UK limited companies and LLPs, the loan is to the company with no director personal guarantee, and this is business finance outside the consumer-credit regime — as an exempt lender under Article 60B of the Regulated Activities Order we sit outside FCA consumer-credit regulation, so the Financial Ombudsman Service and FSCS do not apply.
See also: Can a holding company or group company apply, Can my business have more than one loan with you, How we decide whether to lend?.