Often yes, though it narrows the field. No history is not the same as bad history, and lenders treat it differently — there is nothing negative to weigh, just nothing to reassure them either. A deposit, a personal guarantee or a guarantor can all help bridge that gap.
Thinking about it for your own business?
Tell us what you are looking to fund and we will search our panel of 60+ lenders. No credit search at this stage, and indicative decisions in as little as 24 hours.
CW Asset Finance is a credit broker, not a lender. Finance is subject to status and lender approval.