Since the 2008 banking crisis, securing a bank loan for your small business has become notoriously difficult in the UK. Even with Government schemes, banks are reluctant to offer funding. That is unless you can convince lenders you have a solid business strategy.
The days of the credit culture, where even your pet dog could get a loan, have come to an end, but it is not impossible if you are well prepared and can present a compelling case. This article details the documents you need to prepare your strategy and the manner in which you should approach banks in order to increase your chances of securing a loan.