Please note the average time from application to receiving funds is 14 days. We can only provide funds to businesses that have been trading for 12 months or longer, and our minimum loan size is £50,000.
AskIf could provide a loan where others say 'no' including...
Our loan managers will guide you through the application to find the right finance for your business.
AskIf's main criteria is that the loan is affordable and suitable for your business and loan purpose.
Find out more and apply online today
AskIf may provide credit to businesses provided:
a. One of the company directors is over 18 years of age
b. One of the company directors is a UK resident
c. It is a Limited Company or Social Enterprise*
d. It has (or will open) a business bank account
Most business sectors are eligible for support. The purpose of your business must be legal and ethical. We will not finance any business whose activity may bring us into disrepute.
Smaller businesses (SMEs) from all sectors can apply for the full amount of the CBILS facility. The following are not eligible under CBILS:
To be eligible for a facility under CBILS, an SME must:
*Unfortunately, if you are a sole trader or partnership we can’t lend to you at this time but we hope to be able to provide this service in the future. Further details are available at https://www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils-2/cbils-faqs-for-smes/