Step One - Company Details
The first page of the finance application form asks for some basic details regarding your business. This includes your Company Name and the Registered Company Address. At this stage, we also ask for the Contact Name, Email Address and Telephone Number of the person who will be handling the arrangement of the lease.
Please note, if you completing this form on behalf of a business, you are declaring that you are entitled to disclose information about the business and its owners and that you authorise the finance provider to search, link or record information at credit reference agencies about you and anyone else referred to by you.
Step Two - Business Details
As part of step two, you’ll need to confirm the Type of Business (e.g. Limited Company, Sole Trader), the company Reg Number (if applicable), the company VAT number (if applicable), the Nature of Business (e.g. Construction) and the number of Directors (if applicable).
You will also need to supply specific information regarding the Business Premises (Owned or Rented), the Annual Turnover of the business and the date the business was established, so it’s handy to have these details to hand before you complete the application form.
Step Three - Director / Sole Trader Details
Here, you will need supply details of the owners of the business. This could be an individual (if a Sole Trader), Directors (for Limited Company) or Partners (for Partnerships or LLP). Specific information we require for each individual includes:
- Title (Mr, Mrs, Ms)
- Full Names
- Email Address
- Date of Birth
- Martial Status
- Number of Dependents
- Address History (for the last fiver years)
- Property Status (Owned, Rented)
Step Four - Business Bank Details
At this point, you will need to provide the name and address of the business bank account, along with the sort code and account number. We also need to know the length of time you have been with the bank. This information allows the finance company to run any fraudulent checks required.
Step Five - Reviewing your details and submitting your form
This is the final section and we ask you to read through all the information you have provided and make sure it's correct. This is important as supplying false information is a criminal offence.
At this point, you will also be asked to confirm if your new agreement will be replacing an existing finance lease, purchase or loan agreement and that you accept the terms and conditions and the General Data Protection Regulation (GDPR) policy to ensure you fully understand all aspects of the contract.
Once all this is done, press submit to send your finance application back to us.
If you have any questions regarding the finance application form, contact one of our customer service team who will be happy to help.