× For your information If you started your application before 29 March 2017 please use the old system to finish your application

Apply for a New Enterprise Allowance Loan

All applications are now completed online. Please note that online applications should be completed on a PC or Mac desktop computer or laptop. Once you have created your account, your application can be saved and completed at a later date.

Please note that any incorrect information provided in your application may cause delays in the assessment of your application and could result in your application being declined. Please ensure you have checked all information included in your application before submission to Newable.

A Business Plan and Cash Flow Forecast assessed by your assigned NEA mentor from the NEA scheme do not mean you will automatically receive a loan. You may also be asked to provide additional information to enable us to fully assess your application. In all cases, our decision will be based on our assessment of your ability to repay and not on the contents of your credit report.

Start a new loan application

Continue with an existing application

Evidence required to submit your application

To apply for a NEA Start Up Loan, all applicants must be able to upload the following documents to their application:

  • Assessed NEA Business Plan
  • Personal Survival Budget
  • Cash Flow Forecast
  • NEA Self-Declaration Form
  • One proof of identify

Please note that you may be asked for additional documents that are relevant to your individual application during the process. The most common documents that are requested are:

  • Proof of address
  • Proof of bank account
  • Valid driving licence
  • Proof of alias/change of name (for example Marriage Certificate)
  • Qualifications and licences relevant to running the business

Step One: Initial Registration

First you need to create an account with us. This should only take a few minutes to complete. Please have the following information to hand before you start:

  • Your personal details
  • Date NEA Business Plan was assessed (you should be able to find this on your NEA Declaration form)
  • Your Email Address
  • Create a password for your account

When you have entered the information press the Registration button.

Step Two: Email confirmation of registration

When you have completed Step 1, you will receive an email with a link to confirm your email address and continue your application.

Confirm the registration by clicking on the link in the confirmation email.

Note that you will not be able to progress with your application until you have responded to this email by clicking on the link.

Step Three: Completing your application

Once your email address has been verified, continue with your application by logging into your account.

During the application process you have the option to save and come back to it later.

You will need to have the following documents ready to upload:

Before your application can be considered, you will need to complete this step.

Please make sure that you submit the most recent versions of your NEA Business Plan/Cash Flow Forecast as these form part of the assessment. Note you may be asked at a later stage for additional information.

Once you have uploaded all items please ensure you hit the SUBMIT button, otherwise your application will remain pending.

Step Four: Email confirmation of loan application

Once your application is complete and has been submitted, you will receive an email to confirm that you have applied and we will begin to assess your application.

For help when filling in application forms, guidance or further questions about the loan fund:

Email: NEAenquiries@newable.co.uk
Customer helpline: 0333 005 0475
Please note office hours are Monday - Friday 10:00-16:00
Business Finance Solution Collections Team: 0161 245 4900

www.businessfinancesolutions.org.uk

Speech bubble pictogram
Registered in England and Wales | Registered number: 1653116 | VAT number: 237 9198 23 | Copyright © 2016 Newable Limited
Newable Business Loans Ltd (FRN: 700160), Newable LLF Ltd (FRN: 718449) and Newable RGF Ltd (FRN: 716799) all t/a Newable are authorised and regulated by the Financial Conduct Authority