If you do not proceed, your information is not kept indefinitely or put to unrelated use. It is retained only as long as needed for the purpose it was collected and legal obligations, then handled in line with our privacy notice — and you can ask what we hold at any time.
Withdrawn or abandoned
Whether you withdraw before a decision or simply do not finish, the data you entered does not vanish into marketing or get shared around. It sits under the same protections as any application data and is retained per policy. Withdrawing carries no penalty — does withdrawing an application count against me later.
You can request a copy of your data, or ask about erasure, under data-protection law — see how do i get a copy of my data. The Open Banking connection you granted is separately revocable — how long does the open banking connection stay active.
Where to read the detail
Retention periods and lawful bases are set out in our main-site privacy notice at privacy, and the security around it in is my data safe when i apply. If you later change your mind, you can start again.
Apply knowing your data is handled properly either way.
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: How do i get a copy of my data, If I withdraw an application, does that count against me later?, Is my data safe when i apply.