Apply for funding

How applying works

You apply to a funder once they invite you. Funders find businesses through their directory, so being listed is how they see you. An invitation arrives as a notification and an email saying the funder has invited you to apply. It lasts 30 days.

You need a current certificate to apply. The funders who invited you are listed under Funder Directory, where Ask sends them a message and Apply starts an application.

Send an application

1. Open Apply for Funding, or press Apply beside the funder.
2. Choose a funder. You can apply to several at once.
3. What are you asking for? Enter the amount, how long you need it for, and what it is for. The affordability meter shows how the loan compares with your cash flow.
4. Your business details. Anything already verified is filled in and locked.
5. Supporting documents, if the funder asks for any.
6. Share & consent. Tick the boxes to share your certificate and verifications with these funders.
7. Review & submit. Check everything and press Submit application.

Follow your application

My Applications shows where each one stands:

In Review

The funder is looking at it, or has asked you for more information.

Approved

The funder has made you an offer.

Funded

The funder has recorded paying out the loan.

Declined

The funder has said no. Any note they left is in Messages.

Withdrawn

You withdrew it.

Each funder also sees how well your application fits their own criteria. That never changes your band.

Withdraw an application

Changed your mind? Press Withdraw beside the application in My Applications, then Withdraw application. You can do this until you accept the funder’s offer. The funder is told, and it cannot be undone, but you can apply again if they invite you. Only the owner or an admin can withdraw.

Once you have accepted an offer, Withdraw goes away: the funder may already be preparing the payout. To pull out then, message the funder — they can cancel the offer. If the funder changes the terms, you can choose again.