1 . Get in touch
Tell us your plans and your contact details:
2 . We’ll send you an application form
We will send you an application form, simple spreadsheets to fill in and outline the costs of terms of a loan with Trust Leeds. We’ll also ask you for a list of documents to check your identity, spending history etc.
3 . Let’s talk
If you decide to apply for a loan with us, we will meet up with you and talk through your business plan and finances.
We can signpost you to templates and vital business tools so you are ready for a loan, if you’d like help on this. We’ll go through the forms together and chat to you about how we can support you to build your business by investing a Trust Leeds loan, and about how you can help make sure things work out well.
4 . Checks and research
As a responsible lender, we’ll do some checks and background research, we may have a few more questions for you, and then we’ll let you know if you can borrow from us for your business plan.
5 . Agreement
If we can offer you a loan, we’ll sign the loan agreement form together and make sure you understand and agree to the commitments you’re taking on.
6 . Loan and payment
Then we pay your loan over to you, and you start paying back in monthly instalments which start four weeks later.
7 . Contact and support
We keep in touch with each other, and talk through any worries or concerns until you’ve paid back your loan.