When you reach the bank step, you are handed to your own bank to approve a read-only connection, then handed straight back. We never see your banking password, and the connection cannot move money — it only reads the transaction history we need to assess affordability.
What happens in that moment
- You choose your business bank from the list.
- You are taken to your bank's own secure login or app to approve the request.
- You confirm, and a read-only feed of your business account is shared with us.
- You are returned to the application, connection made.
The feed lets us see transactions; it cannot initiate a payment, change a standing order or touch your balance. Full detail is in what Open Banking is and whether it is safe.
If it does not connect
Occasionally a bank is briefly unavailable or your account is with a provider not yet supported. Nothing is lost — there is an alternative route, and you can check which accounts you can connect first. Your data protection through all of this is covered in is my data safe when i apply.
Ready? Apply.
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 Open Banking is and whether it is safe?, Which business bank accounts you can connect?, What happens if you cannot connect your bank?.