• Applications must be made on an ‘Arrow' formal application form
• You must be unable to obtain either all or part of the finance required    from a bank.
• The application must include the following information which is   dependant on the type of business.

Sole Trader or partnership

• Business Plan
• Cashflow projections for the next twelve months
• A personal credit search
• Trading Accounts for the last two years for existing businesses
• Six months bank statements for business/personal accounts

Limited Company (new or existing)

• Business Plan
• Cashflow projections for the next twelve months
• Certificate of Incorporation
• Audited accounts for the past two years for existing businesses
• Bank statements for the past six months
• Details of all bank accounts in the company name
• Full names and addresses of all Directors
• The personal guarantees of the director(s) of limited companies are   required for the amount of the loan.

Eligibility

Loans are available to Sole Traders, Partnerships,
  Limited Companies, and Social Enterprise organisations
• Most sectors will be considered however there are a few exclusions :

Clubs, public houses, bars, betting and gaming establishments or
activities involving politics, religion, pornography, clairvoyance.
Any business that ‘Arrow' deems unsuitable for public support.
Any business which is illegal.

 

 

 


 













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