How to Apply for a Loan
When you apply to Fredericks Foundation for a business loan we will ask you for the following:
• a bank loan refusal letter
• a completed application form
• two forms of identification to include photo id
• a business plan (including personal survival budget)
• a cash flow forecast for between 1-3 years depending on circumstances
• your own credit report from Experian, Equifax or Callcredit
• 6 months personal bank statements
Please download our process form for more information on what happens after you submit your application.
For existing businesses we will also require:
• accounts for up to 3 years
• current management accounts
• 6 months business bank statements
In view of the difficult economic climate at the present time the Trustees are willing to consider short term loans in certain circumstances that would be considered on a case by case basis.
