What determines how much my business qualifies for?
If approved, you can borrow from £1,000 to £500,000. We calculate your eligibility for a GrowthLine based on your financial performance.
We look at a number of factors which include:
- Your current and historic profit before tax.
- Your current assets and current liabilities.
- The stability of your business (which we can establish by reviewing your net assets over time.)
Once you are a customer, we will review your status on a regular basis, and may be able to increase your facility limit and decrease your interest rate as your business grows.