Loans difficult for us to finance

You will need to be able to show us that you can afford the loan repayments.

There are two types of business where this can be quite difficult.

Currently making losses
If you need to borrow to finance historic losses, it is sometimes hard to show that the corner has been turned and you will be able to meet the repayments.

Start-up social enterprises
Taking out a loan at this stage is never easy and grant finance may well be more appropriate so you can establish a trading track record.

However, if you can show with confidence that you can afford the loan repayments please contact us.