Updates

The Growth Guarantee Scheme will launch with accredited lenders on 1 July 2024, with a wide range of products supported by different lenders, including term loans, overdrafts, asset finance, invoice finance and asset-based lending.

The Recovery Loan Scheme supports small and medium sized businesses to access the finance they need to grow and invest. Finance can be used for any legitimate business purpose, including working capital or investment.

In the November 2023 Autumn Statement, the UK Government made Full Capital Expensing a permanent tax incentive for businesses.

Applying for a business loan can seem overwhelming, but having the right information can make the path to success much easier. In this blog, we’ll detail the crucial documents you should gather to increase your likelihood of approval and simplify the application process.