Apply for a business loan or facility
Business banking: Apply for a business loan or facility. Starts when: Company needs finance. Steps: Enter purpose and amount; Financial statements uploaded; Underwriting; Offer with covenants; Accept by two signatories; Drawdown. Done when: Facility is active with covenants listed and the first drawdown receipted. Rules that apply: FCA CONC where regulated; BIAN Corporate Loan and Credit Facility.