When you borrow from us, it’s important that we tailor the lending to suit your business. To do this, we ask you to provide information that helps us understand your needs and assess your ability to repay.
Use the following checklist to help you prepare for our requests ahead of time. Keep in mind that the information we ask for will vary based 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:
View our range of bank accounts designed for businesses. Find the account that best suits your needs.
Make payments and manage cashflow conveniently with credit, debit, charge and Cashpoint ® cards designed for businesses.
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.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.ukVisit the Lending Standards Board website..
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.