Business loan declined by Bizcap, what next?

Why this triggers a decline

Bizcap says that to qualify for most of its loans a business needs an active Companies House registration number, at least 4 months of trading and monthly revenue of at least £12,000 (bizcap.co.uk, checked September 2026). Missing one of those is a common reason for a decline.

Bizcap doesn't publish how often each reason occurs. Other common reasons include: an active winding-up petition or HMRC enforcement, an active insolvency process, recent unsatisfied CCJs, bounced payments and returned direct debits on recent bank statements, problems on a previous facility, and a sector it doesn't fund.

Alternatives that work

• JPM Capital for an alternative specialist post-decline underwriter
• Asset finance against specific clean equipment where the asset is the security
• Invoice finance against quality debtor book if invoices exist
• Restructuring advice if the underlying problem is solvency rather than access to credit

Lenders that may consider this

• JPM Capital (specialist post-decline, similar risk appetite)
• Asset finance specialists for clean-asset-backed deals
• Invoice finance providers if B2B receivables exist
• Specialist post-decline brokers for harder cases

What to do first

1. Ask Bizcap for the main reason for the decline.
2. If the issue is HMRC enforcement, agree a Time to Pay with HMRC and let it bed in for 30 to 60 days before reapplying anywhere.
3. If the issue is bounced payments in the last 30 days, fix the underlying cash gap and let the bank statements clear before reapplying.
4. If the issue is multiple recent CCJs, satisfy what you can and document the rest before approaching JPM Capital.
5. If the underlying issue is solvency rather than access to credit, talk to a licensed insolvency practitioner; a CVA or restructuring may be the right answer rather than more debt.

Not for

Active winding-up petitions in the final stages, undischarged bankruptcy, sanctioned beneficial owner, or sole-trader applicants (the FundBiz enquiry form is for limited companies, LLPs and partnerships with four or more partners). Those are insolvency or specialist-counsel cases.