Three things do most of the work: an Open Banking connection instead of uploaded paperwork, a large slice of automated assessment, and a short form that asks only for what is needed. Keep to that path and a decision can come remarkably quickly.
What speeds it up
- Open Banking. A read-only feed gives us an accurate picture in seconds — how Open Banking speeds up your application.
- Automated assessment. Straightforward applications get a fast, consistent decision — is the decision automated or reviewed by a person.
- A lean form. No business plan, no forecasts, no stacks of documents — what to have ready before you apply.
Connect by Open Banking rather than uploading statements, have your details right, and reply promptly to anything we ask. The things that slow it are in what slows a business finance application down and why might a decision take longer than expected.
How quick, really
Typical timings are in how quickly will I get a decision, and once accepted, funds follow fast. You can watch progress in your portal.
Apply and stay on the quick path.
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 Open Banking speeds up your application?, What slows a business finance application down?, How quickly will I get a decision?.