If you need finance now

If you need finance now, visit your nearest branch and speak to a Business Banker to apply. We will need the following information from you:

Information and documents

Business plan

This must include details such as the nature of your business, your product offering, the market environment and current management skills.

For more information, refer to the section on "How to write a winning business plan".


Financial information

  • Personal statement of assets and liabilities for all partners, members and directors
  • Cash flow forecast
  • Projected income and expenditure
  • Amount and source of the business owner's contribution or stake in the business
  • How will the business use the money? For example, capital expenditure or working capital
  • Sales and purchases budgets

 

Documents required if you want to buy an existing business

  • Copy of deed of sale or draft deed
  • Draft or signed lease agreement for premises

 

Collateral information

  • Details of proposed or offered collateral

 

Other

  • Credit bureau checks of business and partners

 

Additional requirements if you have an existing business that has been banking at another financial institution:

  • Financial statements of the business
  • Three months' bank statements
  • Facilities letter from existing bank
  • Details of collateral held by existing bankers