If we are unable to offer finance, it is because, on what we have seen, the lending would not be the right outcome for your company. We make these decisions to protect your business as much as ours.
Common reasons
- The applicant is not a UK limited company or LLP
- Too little trading history for us to assess confidently
- Business credit information that suggests now is not the right time
- The company's records at Companies House do not match what was entered
- We could not verify the business finances through Open Banking or statements
What you can do
Check that your Companies House details are current, make sure you connect the account your company actually trades through, and confirm the amount and purpose genuinely fit the business. Sometimes a cleaner picture changes the outcome.
If you disagree
We will explain the headline reasons where we can. Because this is business lending outside the consumer-credit regime, there is no recourse to the Financial Ombudsman Service or FSCS, but you are welcome to contact us to discuss the decision or ask for the information we hold about your company.
See also: Can I save my application and finish it later?, How do you decide whether to lend to my business?, Can I withdraw my application before a decision?.