If you’d like to borrow from us, whether through a loan, overdraft, mortgage or financing scheme, there’s information we need to know first. This helps us choose a funding option that suits your needs and matches your ability to make repayments.
Use the following checklist to help you prepare for our questions ahead of time. The information that we request will vary depending on your circumstances, and we may ask for further information in addition to what’s listed below.
For all borrowing requests, we’ll ask you:
If you request to borrow from us, we may ask you to provide:
Depending on your request, we may also ask you to provide us with:
Try financial and digital business tools for 30 days with no obligation, including business planning and accountancy software.
ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.
All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business.
You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065.Telephone: 020 7626 1500.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk.