Configuration
£
Enter a positive revenue figure.
mths
Enter months of trading (0–600).
Enter DSCR between 0 and 10.
Loan Readiness Assessment
Methodology & Citations
- Lender criteria based on UK Finance SME Lending Standards 2024, British Business Bank Annual Review 2024, and published underwriting guidelines from Barclays, HSBC, NatWest, Starling, Tide, and Funding Circle.
- DSCR thresholds: UK Finance standard minimum 1.25 for senior lending; government-backed schemes (Growth Guarantee) accept 1.0+. Fintech lenders typically 1.0–1.1 minimum.
- Trading history requirements: high street banks 24+ months audited accounts; challenger banks 12+ months; fintech 6+ months bank statements; government-backed 12+ months.
- This tool is for indicative pre-qualification assessment only. Actual lender decisions depend on additional factors not captured here. Not financial advice.
About This Tool
Scores your business against 4 lender categories, each with distinct underwriting criteria. Identifies gaps so you know what to fix before applying.
| Criterion | Bank | Fintech |
|---|---|---|
| Trading history | 24+ mths | 6+ mths |
| Min. revenue | £100K+ | £50K+ |
| DSCR min. | 1.25 | 1.0 |
| Credit history | Clean | Minor OK |
| Asset security | Preferred | Optional |
4 lender types assessed: High Street Bank · Challenger Bank · Fintech / Alternative Lender · Government-Backed Scheme
Cross-link: run T239 Credit Scoring first for a composite credit profile, then use this tool to map eligibility.