Finance platform referrals – eligibility criteria

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You can find out more information about finance products and options with the British Business Bank and ICAEW’s Business Finance Guide.

Exclusions:

A Designated Bank will not offer a referral if any of the following apply.

  • the value of the finance facility applied for is less than £1,000
  • the facility applied for is sought for a period of less than 30 days
  • the bank is aware that the business is subject to a statutory demand for payment, enforcement proceedings or other legal proceedings in relation to payment obligations arising under an existing finance facility
  • the bank is aware that the business is subject to a formal demand
  • you have declined the bank’s offer of credit solely due to price considerations.