What Information Will You Need To Provide?

Generally, in order to be able to assist with a funding requirement we will require the following information for each category of finance required. The exact information requested may vary from case to case, but below is a broad indication of what you'll need to prepare:

Required for all finance cases

• Last 3 years Financial Accounts, if available.
• Any subsequent Management Accounts, if available.
• Copies of latest 6 months Bank Statements for the business.

Commercial Mortgages

• Details/Sales Particulars of property being purchased
• Details/evidence of contribution towards purchase
• Details/copies of any lease outstanding on the property, if appropriate

Invoice Discounting or Factoring

• Copies of last two months aged debtor listings
• Details of any major customers (if exceed say 30% of total)
• Details of any existing trade debt insurances, if appropriate

Small Firms Loan Guarantee Funding

• Full Business Plan incorporating Financial Forecasts
• Commentary required on the management team, product or service offered, target markets, history of the Company and future objectives
• Financial Forecasts to include profit & loss, Balance Sheet and cashflow for minimum 12 months together with supporting assumptions and any evidence

Asset Finance

• Exact detail of asset being purchased including model or specification of item
• Repayment term required