No. Withdrawing before a decision is completely neutral — it is not a decline, it leaves no adverse mark, and it does not count against a future application. Sometimes the sensible thing is to step back, and doing so carries no penalty.
Withdrawn is not declined
A withdrawal simply ends the current application at your request. There is no negative outcome recorded, because there was no decision — the mechanics are in whether you can withdraw before a decision and i withdrew my application can i start again later.
You can start again later with a clean slate. Nothing about having withdrawn makes a future application harder — unlike a decline, there is no reason to wait a set time.
Why you might withdraw
Perhaps the timing changed, a co-director wanted to weigh in, or you decided a different amount suited — all fine reasons. If you had already reached an offer and simply do not want it, that too is penalty-free — i have an offer but dont want to go ahead what now. When you are ready, you can pick up or start fresh.
Apply when the time is right — and step back freely if it is not.
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: Whether you can withdraw before a decision, I withdrew my application can i start again later, I have an offer but dont want to go ahead what now.