Why was my Capital application refused?

When you apply for Capital funding, we will perform a soft credit check on your business and an Ultimate Beneficial Owner (UBO). There are several factors that we must consider before we make a decision on your application. 

Refusal criteria for an application may include the following:

  • The trading history or business sector does not meet the requirements under the acceptance policy.
  • The commercial history may include payments in default or arrears.
  • The commercial or consumer credit scores do not meet the minimum threshold.
  • You received funding recently and cannot renew your application yet.

Do you have a question about Capital? Feel free to contact our Capital Support team.


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