How it works

From one application to a choice worth making

Three stages. The middle one is where the work is, and it is ours rather than yours.

A quiet street of shops in the morning, before the day's decisions.

Step 01

Tell us about the business

How much, what for, and a few questions about how long you have traded and what comes in each month. No documents to begin with and nothing to pay.

No application fee
No documents to start
No obligation to accept

A 'come in, we're open' sign on a shop shelf: tell us about the business.

Step 02

We gather the offers

Your application goes to the lenders in the network most likely to fund a business like yours. What comes back is collected in one place, not scattered across a week of calls.

A network of 80+ lenders
One specialist, from start to finish
Lenders usually price from recent bank statements

A man at a desk reading his screen closely: every offer, line by line.

Step 03

You choose, then get back to work

Your specialist puts the offers on the same four lines and tells you plainly which one they would take and why. Once you accept and are approved, funding can arrive in as little as 24 hours.

Offers compared on total payback
You can decline them all
Funding in as little as 24 hours once approved

A childcare owner on the floor with the children: back to the work the money is for.

Questions worth asking

Before you apply, and before you sign

Why compare offers at all, if the first one looks fine?

Because the first offer is only fine compared with nothing. Two offers for the same amount can differ a great deal in what they cost in total and in how often they take a payment.

Does applying commit me to anything?

No. You can read every offer that comes back and decline all of them. There is no fee for applying.

What will a lender look at?

Usually how long the business has traded, what it takes in each month, and recent bank statements. A credit report may be part of it; the Terms of Acceptance say exactly what you authorise.

Do you arrange personal loans?

No. First Choice works with businesses only, for business purposes.

The network's figures

The lending network behind the application

80+lenders in the network

25,000businesses funded

24 hrsto funding once approved

These are the figures of the lending network First Choice works through, not claims about First Choice on its own.

The application

Start your comparison

About two minutes: the amount, who to send your offers to, and a few questions about the business. No application fee, and nothing is agreed until you choose an offer.