Business loan
Purpose and repayment evidence
The amount, purpose, trading history, existing commitments, current financial information and a credible explanation of repayment.
Commercial finance guide
What happens after a funding enquiry?
Submitting an enquiry starts a conversation. It is not an automatic application, approval or commitment to accept finance.
NBS Finance is a commercial finance broker and introducer, not a lender. A provider decides whether to offer finance and on what terms.
Direct answer
When you submit the funding enquiry, its required checkbox authorises NBS Finance to share relevant information and documents with suitable lenders and specialist finance partners where required to review, assess and arrange the enquiry. An authorised enquiry may be put forward without a separate permission request after submission, and a partner may contact you directly. NBS reviews the requirement and may contact you to clarify it. The provider carries out its own assessment; you decide whether to accept any offer. General contact enquiries do not by themselves authorise a provider introduction.
From enquiry to decision
The journey in five stages
- 01
Your enquiry arrives
NBS Finance receives the contact, business and funding information you chose to provide.
- 02
The requirement is clarified
Isaac or Damian may ask about the purpose, amount, timing and any relevant asset, invoices or existing agreement.
- 03
A route is discussed
NBS Finance explains the proposed next step and which supporting details may be useful.
- 04
A provider assesses the case
Using the authorisation given when you submit, NBS may pass relevant details to a suitable provider without asking again. The provider may contact you and carry out identity, credit, fraud-prevention, affordability and security checks.
- 05
You review the outcome
If terms are offered, read the full costs, conditions, security and obligations. You decide whether to proceed.
What may be requested next?
Buying an asset
Quotation and asset detail
The supplier, price, VAT, condition, identifiers, deposit and intended business use.
Refinancing an asset
Ownership and settlement
Proof of ownership, any current agreement, an up-to-date settlement figure and valuation context.
Using invoices
Debtor-book information
Customers, payment terms, aged debts, disputes and the way invoices are raised and collected.
Not sure yet
Core business and identity evidence
Recent business information, existing commitments, ownership and authority to proceed can help clarify the starting route.
What submitting does not do
- It does not guarantee approval, a rate, an amount or a completion date.
- It does not make NBS Finance the lender or decision-maker.
- It does not mean every piece of information will be sent to every provider.
- It does not remove the need to read and understand a provider's written terms.
- It does not commit you to accepting an offer.
How long does it take?
There is no single reliable completion time. Timing can depend on how clear the requirement is, document availability, the asset or debtor book, valuation or legal work, provider workload and any further checks.
Avoid relying on finance as confirmed until the provider has completed its assessment and any conditions have been satisfied.
Questions to ask before an introduction
- Which provider or type of provider may receive the information?
- What checks may be carried out and by whom?
- NBS does not charge the client a separate broker fee; ask whether provider or intermediary commission applies and how NBS is remunerated.
- Which documents are needed, and how should they be sent securely?
- What total costs, security, guarantee and end-of-term conditions should be compared?
Start the conversation
Use the structured enquiry to explain what the business needs. Start with the information available.