Am I Ready?
- I am a Limited Company or LLP and I want to borrow between £25,000 and £100,000
- I am a Partnership or Sole Trader and want to borrow more than £25,000
- I have tried to source funding from the private sector but have been unable to obtain fully what I require to fund my business
- I am able to provide and / or source a contribution to the total cost of the proposal
- My business operates in an eligible sector
- I have an up to date business plan which includes details of the proposal
- I have my historical information including management accounts available (for existing businesses)
- I have completed my projections which meets the BLS criteria and which links in with my historical information and includes detailed assumptions to support the figures
- I have all other relevant documentation
If you can answer Yes to all of the above, you are ready and BLS would love to hear from you.
If you have any queries regarding the criteria and / or your business being ready to apply for a loan please email us at email@example.com