Funding Options and Loan Application Checklist

Compare the main ways to fund a new UK business and put together a complete, lender-ready application pack.

Editable Word document
7
10pages
Guidance notes included
aml consultancy solutions

Starting a business

Funding Options and Loan Application Checklist

About this document

What it’s for

A guide to the main sources of start-up and early growth finance in the UK – from savings and grants to Start Up Loans, bank lending, asset finance and equity investment – with a decision guide, worked cost and affordability examples, and a checklist of everything a lender or investor is likely to ask for.

When to use it

  • Before you approach any lender, grant body or investor
  • When you need to compare offers on a like-for-like basis
  • When preparing a Start Up Loan, bank loan or overdraft application

What’s inside

The document is laid out in the sections below. Each one comes with a plain-English guidance note explaining what it does and what to change.

  • Part 1 – Funding need summary
  • Part 2 – The main funding options
  • Part 3 – Which option suits you?
  • Part 4 – Worked examples
  • 4.1 What a Start Up Loan really costs
  • 4.2 Can the business afford the repayments?
  • Part 5 – Lender and investor pack checklist
  • About you
  • About the business
  • Before you submit
  • Part 6 – Comparing offers
  • Sign-off

How to complete it

  • Complete the funding need summary in Part 1
  • Use Parts 2 and 3 to shortlist suitable options
  • Build your pack using the checklist in Part 5
  • Record offers in Part 6 and compare total cost and conditions, not just the interest rate

Key points to check

  • Rates, limits and scheme rules change – confirm with the provider before applying
  • Get advice before giving a personal guarantee or selling shares

Our templates are professionally structured starting points for UK businesses, not legal advice. For anything complex, unusual or high-value, have your final version checked by a solicitor.

Included in the pack

Starting a business

£20

for every document in this category

Editable Microsoft Word files

Guidance notes in every document

Written for UK businesses

Download and keep

Get the packSee every document in this pack →

Need more than one category?

Documents All-Access gives you every category for 12 months for £295.

Compare options →

Need it tailored?

We can adapt any template to your business, or write a document from scratch.

Talk to us →