A long gap since you last applied is no obstacle at all. Each application is assessed on your company's current position, so an old application — successful or not — does not carry forward as a burden. You may still have an account from last time, which makes returning quicker.
Current position is what counts
We look at how the company is trading now, from live bank activity — what does assessing affordability mean — not at how things looked years ago. If the business is in good shape today, that is what matters. An old decline does not linger — does a previous decline stay on record when i re apply.
If you applied before, signing in may be faster than starting cold — is applying faster as a returning customer and do i need an account before i apply. Just check your details are current — what if my companys details have recently changed.
Refresh before you apply
Make sure filings are current and the picture is clean — what strengthens an application — then apply on today's numbers.
Apply whenever you are ready, however long it has been.
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: As a returning customer, is applying faster the second time?, Does a previous decline stay on record when i re apply, What strengthens an application?.