LTD business loan application -not through bank- help

[mollie]

Hi I need to apply for a loan for my business and will be applying in my business name (LTD Company) but not through the bank. Can someone tell me what the process for this is - ie does the finance company need to write to my accountant etc and how long will it all take - any help would be great

 

[Gillie]

How long is a piece of string??

Length of time wholly depends on how much, how straightforward your application is and so forth.

If you are applying through your bank for the loan, ask them the details or if you are using a broker or other lender, get them to explain their process to you.

 

[Geoff T]

good business plan will help though!