The first thing is a two-minute sanity check: confirm your company meets the basics and that the borrowing is for a genuine business need. Once those hold, the actual first action is simply to start the application and connect your business bank account — everything flows from there.
Step zero, then step one
- Step zero — check the basics. UK limited company or LLP, enough trading history, own business account, real business purpose — which business types can apply.
- Step one — start and connect. Begin the application and connect by Open Banking — what happens step by step after i apply.
Have your company number and business banking login to hand — what to have ready before you apply — and a clear idea of the amount and purpose. That is genuinely all it takes to begin.
Not sure yet?
If you want to test the water first, estimate a repayment at Credicorp Tools or talk to a person. Otherwise, the best first step is simply to begin.
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 should I have ready before I start an application?, What happens step by step after I click apply?, Which business types can apply?.