Business revenue
Lenders look at revenue to work out borrowing capacity. Higher, more consistent revenue generally supports a larger loan.
Profitability
Profit shows whether the business can comfortably make repayments. Lenders look at profit margins and how they've changed over time.
Existing debt
If a business already has significant debt, a lender may offer less. Keeping existing commitments under control matters when you look for more finance.
Trading history
Many lenders prefer businesses that have traded for at least 12 months. A longer history can help.
Industry
Lenders see some industries as higher risk, which can affect how much they'll lend. Knowing how lenders view your industry helps set realistic expectations.
This guide is general information only. It doesn't take into account your objectives, financial situation or needs. All finance is subject to the lender's credit assessment, terms and conditions, and fees and charges apply.