Business Loan Eligibility Made Simple

Check if your business meets our straightforward lending criteria.

Understanding what you need to apply for a business loan helps you move forward with confidence. Our criteria are designed to be transparent and accessible for UK SMEs and startups.

UK-Based Business

Your company must be registered and operating in the UK. We support businesses across England, Wales, and Northern Ireland.

✓ Covers SMEs and startups

✓ Includes diverse sectors

✓ Supports local growth

Minimum 12 Months Trading

We require at least one year of trading history to assess your business performance and stability.

✓ Shows your business is established

✓ Improves funding options

✓ Demonstrates reliability

Turnover of £50k+

Your business should have a minimum annual turnover of £50,000. This helps us match you to the right funding solution.

✓ Ensures access to suitable loans

✓ Supports business growth

✓ Streamlines approval process

Essential Documents Ready

Have your recent bank statements, filed accounts, and proof of ID ready for a smooth application process.

✓ Quick document checks

✓ Secure handling of data

✓ Faster approvals

Required Documents for Your Application

Prepare these documents to ensure a smooth and fast business loan application with AI Capital Finance:

• Proof of Identity: Valid passport or UK driving licence for all directors/owners.

• Business Bank Statements: Last 3 to 6 months of statements for your main business account.

• Business Financials: Most recent annual accounts or management accounts (for established businesses).

• Proof of Address: Utility bill or bank statement (dated within 3 months) for business and directors.

• HMRC Documentation: Recent tax returns, VAT returns, or relevant HMRC correspondence if available.

Tips for Success:

– Double-check all documents are clear, up-to-date, and readable.

– Submit digital copies (PDF or high-quality scans) to speed up processing.

– Organise documents by type before uploading to avoid delays.

For tailored advice or if you’re unsure what’s needed for your situation, our team is ready to help.