What information do I need to provide for the Quick Quote?
Quick answer — what to provide right now
To get a Quick Quote you should give basic business identity and contact details, the funding purpose and amount, and a snapshot of recent financials and trading history.
This short set of information lets our AI-matching system and network give a rapid indication of likely options and next steps.
Business identity and contact details
Start with the essentials: company name, registered number (if applicable), and business trading name.
Include your business address and the primary contact name, email and phone number so introducers can respond quickly.
If you operate multiple trading sites or brands, note the primary trading location and any other sites you consider relevant.
The funding purpose and the amount you need
Be clear about what the finance is for: working capital, equipment, vehicles, a fit-out, invoice finance, consolidation, or refinance.
Specify the amount you want and whether this is a single drawdown or ongoing facility amount.
Where relevant, say whether you need short-term cashflow cover, medium-term investment, or a long-term restructure — this helps match the right product types quickly.
Trading history and basic financials
Tell us how long you have been trading and give the most recent annual turnover figure and typical monthly revenue.
Provide recent profitability (profit or loss) and whether your business is currently cashflow positive or experiencing short-term gaps.
Key documents and figures to have ready
- Latest 12 months’ bank statements (summary is fine for a Quick Quote).
- Recent annual accounts or management accounts (turnover, gross margin, net profit).
- List of major customers and average debtor days if you are seeking invoice or receivable finance.
Security, assets and existing finance
Let us know whether the finance will be secured and what assets you can offer, such as plant, machinery, vehicles or unencumbered stock.
Disclose any current loans, hire purchase agreements, or existing asset finance and the approximate outstanding balances.
If you are considering refinance or consolidation, include details of the lenders and monthly repayments so we can evaluate potential savings and eligibility.
Eligibility details, personal guarantees and next steps
State whether the business is limited company, LLP, or partnership, and whether directors or owners have recent CCJs, IVA, or insolvency history.
Mention if directors are prepared to offer personal guarantees or if you require non-recourse options — this affects the types of lenders we match you with.
After you submit the Quick Quote our AI will match you to relevant lenders or brokers and invite a more detailed discussion or Decision in Principle where needed.
How detailed does the Quick Quote need to be?
The Quick Quote is intentionally concise: provide enough accurate facts for a reliable initial match, not a full loan application.
High-level, honest information speeds up matching and reduces unnecessary paperwork for both you and potential funders.
If a provider expresses interest they will ask for full supporting documents before any formal offer is made.
What happens to my data and how is it shared?
Best Business Loans acts as an independent introducer and does not lend directly.
Your details are shared only with carefully selected lenders or brokers who are relevant to your enquiry and who agree to treat your information securely.
We do not sell your data and comply with data protection best practice to keep your information confidential during the matching process.
Common examples: what to enter for different loan types
For invoice finance, include your average debtor book size, debtor days and any concentrations in large customers.
For equipment or vehicle finance, supply the asset value, age, and supplier if known.
For refinance enquiries, include the outstanding balance, monthly payments, interest rate, and remaining term so we can compare alternatives quickly.
Tips to speed up a useful Quick Quote
Round figures are acceptable for an initial quote but be consistent; if you estimate turnover, give the same basis across related fields.
Prepare bank statement summaries and management accounts in advance to shorten subsequent checks if lenders progress your enquiry.
Be honest about past credit issues; many specialist lenders consider businesses with challenged histories if fully informed early on.
Why Best Business Loans asks for these details
We use these inputs to run AI-driven matching against lender and broker criteria to find the most suitable introductions.
Providing clear, accurate information increases the chance of being connected to providers who are actively lending to your sector.
Our role is to save you time and reduce guesswork — we point you to lenders most likely to consider your case.
When will I get the Quick Quote result?
Many Quick Quotes are returned within hours, though some complex enquiries may take longer to review manually.
If lenders ask follow-up questions we will pass these on and get a refined Decision in Principle or eligibility check.
The Quick Quote is a guide, not a binding offer; lenders will complete standard due diligence before making formal proposals.
How to prepare for the follow-up Decision in Principle
After a positive Quick Quote, providers will request full documentation such as bank statements, full accounts, and proof of ownership or identity.
Make sure your company and director ID documents are ready and any material contract details are easy to share.
Being organised at this stage speeds up final offers and settlement.
Regulatory and advertising compliance — what you should know
Best Business Loans is not a lender and therefore does not issue regulated lending contracts; we introduce and match businesses to lenders and brokers.
We aim to be fair, clear and not misleading in all communications and to follow FCA advertising principles and ASA guidance.
We encourage users to compare terms carefully and to seek regulated advice if a product is a regulated financial promotion.
Internal resource: refinancing and consolidation
If your Quick Quote is about consolidating or restructuring debt, we can connect you with specialist refinance providers.
For more detail on refinance pathways and how to present your case, see our dedicated guide to refinance here: Refinance options.
Next steps — submit your Quick Quote now
Complete our Quick Quote form with the details above to get started; it takes only a few minutes and is free and non‑binding.
We’ll run an AI match and introduce you to lenders or brokers most likely to help your business.
If you prefer help before applying, contact our UK support team at hello@bestbusinessloans.ai for guidance.
Key takeaways
Provide basic business identity, contact details, funding purpose, required amount, and high-level financials for a fast Quick Quote.
Note any assets, existing finance, and director credit matters that could affect availability; honest information gets better matches.
Submit the Quick Quote to receive AI-matched introductions to lenders and brokers and then progress to a Decision in Principle if appropriate.
About Best Business Loans: Best Business Loans is an independent UK introducer that uses AI-driven matching and a network of lenders and brokers to help established businesses identify relevant commercial finance options. We do not lend directly and we do not offer regulated advice. For assistance email hello@bestbusinessloans.ai.