Frequently asked questions

GrowthIQ matches your business profile with lenders more likely to consider your application. Apply once. Reach the financing options that fit.

No. GrowthIQ is not a lender. We route your application to the right lenders based on your business, your documents, and your financing needs.

Invoice discounting, payables financing, revenue-based financing, and other working capital products, depending on your business profile.

You do not need to figure this out alone. GrowthIQ reviews your business information and guides you towards the products that may fit.

Eligibility depends on your revenue, bank statements, business activity, trading history, existing liabilities, and each lender's credit policy.

Some lenders require a minimum trading history. Others consider younger businesses on revenue and cash flow. GrowthIQ helps identify which lenders may be relevant.

This usually means your business does not currently meet lender requirements, such as minimum revenue, trading history, industry type, bank statement activity, or debt levels.

No. Final approval always sits with the lender. GrowthIQ improves the process by routing your application to lenders relevant to your profile.

Yes. One rejection does not mean your business cannot get financing. Different lenders, different requirements.

Most lenders ask for company documents, bank statements, VAT returns, invoices, trade licence, and owner KYC documents. The exact list depends on the product and lender.

Bank statements show lenders your sales, cash flow, existing obligations, and repayment ability.

Not always. Some lenders require them. Others assess your business on bank statements, VAT returns, invoices, or sales data.

It depends on how complete your documents are and how quickly the lender reviews them. GrowthIQ collects the right information upfront to cut delays.

Yes. Track where your application stands and see if any additional documents are required.

GrowthIQ reviews your information, checks lender fit, requests any missing documents, then moves your application towards suitable lenders.

Yes, where suitable. GrowthIQ can route your application to more than one lender if your business fits multiple lender criteria.

The amount depends on your monthly revenue, cash flow, invoices, repayment ability, and the lender's policy.

Rates depend on the lender, the product, the facility size, the repayment structure, and your business profile. GrowthIQ helps you compare available options where possible.

GrowthIQ may charge a success-based fee if financing is approved and disbursed. The exact fee is shown clearly before you proceed.

No. Submitting your application through GrowthIQ does not directly impact your AECB score. GrowthIQ reviews your information to understand lender fit.

If a lender decides to proceed, they may request your consent to run their own credit checks, including AECB, as part of their approval process.

Some lenders may check the owner's or the company's credit history before a final decision. This usually happens later in the process and may require your consent.

Yes. Your documents and business information are handled securely and shared only with the parties involved in your financing application.

Only the lenders or partners needed to assess your application, subject to your consent and the platform's privacy terms.

Yes. GrowthIQ is building towards verified business information you can carry forward for renewals, top-ups, and future applications.

Yes. Speak to the GrowthIQ team if you are unsure which option fits your business.