Yes, always. Before you sign anything, you see the full cost laid out — the amount, the term, every repayment and the total you will pay. Nothing is hidden, nothing is charged for applying, and you can walk away after seeing it all at no cost.
Transparency by design
Your offer and the pre-contract summary spell out the numbers in plain terms — what is the pre contract information i receive and what does the secci cover. There is no cost simply to apply — is there any cost to apply — so you can reach a full offer and still say no.
Reading the total cost against your cash flow is the whole point of the offer stage. If it does not suit, you simply do not proceed, or discuss a different amount.
Model it first
You can preview the total cost for any amount and term with the repayment calculator at Credicorp Tools before you even apply. Headline rates are on our main site at Business Loans. Then, at the offer, you see the exact figures for your loan — before you sign.
Apply and see every number up front.
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: What is the SECCI-style pre-contract information I receive?, Is there any cost to apply?, What happens after you accept your offer?.