Get Credit Review Office Borrower Application Form

Completing the Credit Review Office Borrower Application Form is an essential step for users seeking to appeal a lending decision made by their bank. This guide provides clear instructions on how to fill out the form accurately and effectively in an online format.

Follow the steps to complete the application form.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin with Section 1, where you will provide borrower factual information. Fill in the business's name, trading name (if applicable), type of business, address, nature of business, contact name, and job title. Make sure to tick the box that accurately describes your business structure.
3. Next, proceed to Section 1.2 to describe the business's profile. Include the year established, details of the business history, ownership, and number of employees.
4. In Section 1.3, list the key principal management involved in the business. Provide names, years of experience, and a brief description of their management and technical experience.
5. Section 1.4 requires bank information. Include the name on the bank account, bank name, account number, branch name, and sort code.
6. Move to Section 1.5 and provide information about the current lending commitments. List details of any existing borrowings, mentioning amounts owed and whether repayments are up to date.
7. In Section 1.6, disclose any collateral obligations, including guarantees or pledges made on behalf of other borrowers.
8. For Section 1.7, list any outstanding amounts owed to preferential creditors and specify the duration.
9. Section 2 requires the payment of the processing fee. Calculate the fee based on the original loan amount and select the payment method.
10. In Section 3, affirm eligibility criteria by checking each relevant box. Ensure that you meet all the requirements necessary for the credit review to proceed.
11. Section 4 demands a declaration. Confirm your willingness to appeal and verify that all information provided is accurate.
12. Once all sections are completed, save your changes, download or print the form for submission, and ensure to send it along with any supporting documents and fees as instructed.

Take the next step in your lending appeal process by completing the Credit Review Office Borrower Application Form online today.