Using the sliding tab you can select the amount you wish to borrow for your business. The slider works in real time so you can see what your loan fee will be as well as your daily repayment amount and total repayment figure.
Based on the amount you wish to borrow, you will also see the minimum monthly gross revenue your business will need to achieve in order to qualify for this loan amount.
Please state your full name (including any middle names) as it appears on your birth certificate. We use this information to double-check that you are a director or partner of the company making the loan application. This will also allow us to reference your personal credit file with credit references agencies. Whilst we check this personal credit file it is not a determining factor with respect to being granted a business loan.
In the next step we'll need to know the registered name of your business
Providing us with your company name will help us to correctly identify your business. We check this against records held at Companies House and credit references agencies.
In the next step we would like your business email address.
Please provide us with your business email address. This should be the same business that is applying for a business loan. This will be the primary email address that we will use to contact you with updates on the progress of your application and throughout the life of your loan agreement.
In the next step we’ll ask you to submit your telephone number so that we can verify your identity.
Please provide your business, home or mobile telephone number. If we have approved the loan in principle we will contact you by telephone to ask you some basic personal details to ensure you are the same person that submitted the loan application.
We’ll ask you for your home postcode to allow us to verify your residential status.
By providing us with your home postcode we are able to determine your residential status as a director or partner in the business. This information includes whether you own or rent the property, how long you have resided there and if you are registered on the council’s electoral role. This provides us with more background information. All the information you provide us with will be treated in strict confidence and will not be shared with a third party.
We’ll ask you to create a password for your Wirefund account.
Once you’ve created a secure password we will set up your Wirefund account so that you may login to check the status of your application. The indicator below the entry field will indicate the strength of your chosen password, a strong password is always advisable.
We will ask you to upload your business bank statements covering the last 12 months of trading.
Please upload 12 months of bank statements for the company or partnership that is applying for a business loan. The statements can be in either PDF (available from your online banking application) or scanned format but must be for the primary business account. This will give us an accurate overview of the business’s cash flow and trading style.
That’s it! Just hit submit and we’ll start processing your application right away. Look out for a confirmation email with more details.