Start up loans

To apply, you must meet the following criteria:

You are aged 18 or over

You are a director of the business you're applying on behalf of

You have not been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree

You hold a business current account with any provider

If you're trading in a partnership, LLP or Limited Company you will also need to provide:

3 years address history for each of the Directors/Partners applying for funding

The personal details of all the partners, directors, members or signatories of the business (including their home addresses for the last 3 years)

Your business details, including your Company’s Registration Number (provided by Companies House) if you’re a limited company

The details of any countries you or your business is registered for tax purposes in and details of your business year-end accounts or cash flow forecasts

The date your business started trading

Business turnover in the last 12 months

Projected turnover in the next 12 months

Business net profit for the last 12 months

Details of any existing Business Loans or Overdraft repayments

Details of any existing Personal Loans, Mortgages, Overdraft or Credit Card repayments

The online application will take around 10 minutes to complete.

Note: We may ask you to provide additional evidence to support your application.

Customers who have a turnover of more than £2m, or are commercial customers, are also eligible to apply for a Small Business Loan. Or if you have a Relationship Manager speak to them about your application.

You are able to switch your Business Current Account to another provider while retaining your business loan with us.

We may require you to open a fee free loan servicing account and will confirm if this is required as part of the switching process.

A fee-free Loan Servicing Account is not a Business Current Account. This account will purely be used to facilitate your loan and will be free of any transaction charges.

You are able to use another provider to manage your business banking while retaining your business loan with us.

As you're an existing customer, it’s really important that your personal and business details are close matches to what we have on your file. If they're different, it will be worth updating them before you apply.

If in doubt, please check what is on file at Companies House and update any out of date information before you apply.

Please be accurate with your income declaration. If we believe you can't afford the repayments on the amount you apply, you may be declined.

For instance, if you declare an income of £250,000, and we see £180,000 going through your NatWest account, your application may be referred or declined.

No, you are not required to open or maintain a business current account with us in order to obtain or manage a business loan.

In some circumstances you will be required to open a fee-free loan servicing account.

A fee-free Loan Servicing Account is not a Business Current Account. This account will purely be used to facilitate your loan and will be free of any transaction charges.