Funding Bay

A bank decline usually means your application landed outside one institution’s rigid scoring model. Alternative business finance works differently. Where high-street banks rely heavily on automated credit scores and narrow eligibility criteria, alternative lenders in the UK take a wider, more human view of your business, weighing trading performance, sector context, the stren...

A credit reference agency in the UK is a private company that collects, stores, and shares information about how individuals and businesses manage their finances. There are three main credit reference agencies in the UK: Experian, Equifax, and TransUnion. Between them, they hold the data that lenders use to decide whether your business gets funded […]

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The bank referral scheme is a government-backed initiative that requires major high-street banks to connect rejected SMEs with alternative business finance platforms. It exists because the government recognised something that business owners already know: being told “no” by your bank doesn’t mean your business isn’t viable. It just means you didn’t fit that particular lender’...

Running a company credit check is straightforward: you can use a credit reference agency such as Experian, Equifax, or Creditsafe, to look up any registered UK company by name or Companies House number. The report will show your business credit score, payment history, any County Court Judgments (CCJs), and other public financial data. Experian, for […]

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You can get funding while your business is in a company voluntary arrangement, but the path looks different from a standard loan application. A CVA is a legally binding agreement between your company and its creditors that allows you to repay debts over a fixed period, typically three to five years, while continuing to trade.  […]

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