New Enquiry

Starting your loan enquiry

Welcome to Business Loans Scotland's Online Loan Application (OLA) system.

The OLA system has been designed to handle your loan application from the start, all the way through to payment of the loan if successful.

Should your enquiry progress to the application stage of the process it is worth noting that there are a few matters which will require your attention. This will ensure that you have the right documents and supporting material to make the process easier and quicker.

You will be required to complete the following sections of the OLA system:

Company Contacts / Personal Statements

All key people involved in the day to day management of the business will have to complete a Personal Statement Form. These are required to comply with anti-money laundering legislation and will allow you to provide confirmation of your identity, address and provide a personal credit history. These have to be completed by Directors, Owners who own 25% or more of the business and any other key people involved in the running of the business.

Application Form

This is where you will provide further information on “You, Your Business, Further Company Information, Financial Information, Adviser Details, Business Plan and Bank Details etc”.

Business Documents

As part of your application, you will be required to upload a number of documents such as a Business Plan, Historical Accounts and Financial Projections. Please ensure all documents are uploaded into OLA in one of the following formats: Word, Excel, JPEG or PDF.

GDPR Notice

Business Loans Scotland is the Data Controller for the purposes of GDPR and as such will comply fully with the General Data Protection Regulation.

All key people (defined as Directors, Owners who own 25% or more of the business and any other key people involved in the running of the business) are required to submit their own personal credit check. This information will be used to help appraise your application for loan funding. A copy of your statutory credit report is available from Experian at www.experian.co.uk/consumer/statutory-report.html. If false or inaccurate information is provided and fraud is identified details will be passed to fraud prevention agencies.

We will only collect sufficient personal information to allow us to fully consider your loan enquiry and / or application and to fulfil our contractual obligations to you. Further details about how personal data will be used by Business Loans Scotland are set out in our Privacy Policy. Please ensure you have read and understood our Privacy Policy before proceeding.

Your Company Details

Business Details

Business Name

Is Trading Name Different?

Trading Name

Website Address

Business Address

Trading Address

Town

Postcode

Business Status

Legal Status

BLS is unable to support Partnerships & LLPs with less than 4 Partners unless the facility sought is greater than £25,000.

Number of Partners

Other Legal Status

Business Loans Scotland is only able to support Sole traders looking for more that £25,000. If a sole trader or partnership is looking for £25,000 or less, please visit DSL.

Part of a group of companies

Number of employees in the group

Details for the group of companies

Has company started trading

Date Started/Date Expected to Start

Sector & Location

Business Sector

Local Authority Area

Your Details

Your Name

Title

First Name

Middle Name

Last Name

Your Position

Position in Business

Position in Business (if other)

Date Appointed

Date of Birth

Shareholder

Your Contact Details

Telephone Number

Mobile Number

Create Your Login

Email Address

Confirm Email Address

Username

Password

Confirm Password

Enquiry Details

About Your Funding

Total Amount of Funding Required

£

Loan Duration (in months)

Loan Amount required from BLS

£

Number of Employees

Project Overview and reason BLS funding required?

How did you hear about us?

Loan Application Requirements

Do you have a business plan?

Annual/Mgt Accounts < 3 months old?

Do you have a cash flow forecast?

Will all key people be willing to submit a personal statement?

Please keep in mind that these documents are required should your enquiry progress to application.

Key People

Key people include Directors/Company Secretary of a Limited Company, other people holding 25% or greater of the shares in a Limited Company unless it can be shown that they are not actively involved in the business, Partners that are active in the business, Trustees and other senior officials that are active in the management of a charity

I understand the application requirements

Details of our loan requirements including business plans, financial information and personal statement forms can be viewed here. You need to confirm that you have read these requirements to complete this enquiry.