Once you accept an offer, the lender completes its final checks and issues the facility agreement. We stay with you, handling the detail with the lender, until the funds reach you.
The steps
- The lender's final checks. Full credit approval, plus its fraud, anti-money-laundering and know-your-customer checks.
- Valuations and legal work, where the facility is secured or involves property.
- The facility agreement. The lender issues it with the full terms. Read it carefully, and take legal advice on any security or personal guarantee.
- Conditions precedent. Anything the lender needs before releasing funds, such as signed security documents or insurance.
- Drawdown. The funds are released, and our success fee becomes payable.
How long it takes
It depends on the product. Unsecured term loans can complete in a couple of weeks; secured facilities and commercial mortgages take longer. See How long does a business growth loan take?.
What we do
We chase the lender, help you answer its questions, and make sure nothing holds up drawdown.
Last reviewed: 8 October 2026