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Find out how to apply for a business loan and what you’ll need for your application.
If you want a business loan from Lloyds Bank, we’ll need some information first. By understanding more about your application, we can support you to choose an option that’s right for your needs.
Below is a checklist of the sorts of things we’ll need from you. This might vary depending on your circumstances. And sometimes we might ask for more than what’s listed.
We may also ask you for:
Depending on what type of loan you're applying for, we may also ask for:
If we can’t go ahead with your enquiry for a business loan, we’ll explain the possible reasons why and where you can find other options that may be available to you. We'll be happy to work together to help you present a stronger lending request in the future.
We put a number of checks in place to make sure we get our lending decisions right. If you think we based our decision on incorrect information and you’d like someone to review it, we’ll give you the relevant contact details..
We also have an appeals process which provides details of how and when you can take the matter further.
You can visit Better Business Finance for general help on finance, or for more information about grants or equity and supplier finance.
There are alternative options to borrowing from a bank. Under the Government's Declined Lending Referral Scheme, you can be referred to three designated online finance platforms that may be able to help you find the finance you're looking for.
If you agree to a referral, we'll provide information to the scheme about your business and enquiry. Each of the designated platforms will then contact you to start the process of matching your requirements to lenders who may be able to offer suitable finance.
You can also contact them directly:
All lending is subject to status. Security may be required.
To grow a resilient business that’s around for the long term, you must plan for sustainable growth. That means understanding the current situation and having a vision for the future.
Authorisation can be checked on the Financial Services Register at www.fca.org.uk under the Firm Registration Number 119278.