What “introduction” means (for UK Business Loans)

Who we are and what we do

UK Business Loans is an introducer. We do not lend money or give regulated advice. Instead, we take basic details about your business and funding needs and match you with lenders and brokers that specialise in business finance for healthcare providers — for example, care homes, clinics, dental practices and private medical clinics.

What happens when you submit an enquiry

1. You complete our short enquiry form with basic business details and the amount you need (we typically work with requests of around £10,000 and above).
2. We match your enquiry to selected lenders and brokers who are best suited to your needs and share the relevant details with them.
3. A lender or broker may contact you by phone or email to discuss options, and — only if you wish to proceed — they will invite a formal application.

Microcopy we use on our form: “By submitting this form you consent to UK Business Loans sharing your information with selected lenders and brokers. We will only share details relevant to your enquiry. See our Privacy Policy for more.”

Do you have to proceed after an introduction? — Quick answer

In plain terms: No — you are not obliged to proceed. An introduction creates an opportunity and a conversation. You only become contractually committed when you accept a formal offer and sign the lender’s finance agreement.

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Legal and commercial position: “no obligation” explained

Here’s what this means in practice:

• Introduction ≠ Agreement: We put you in touch. That contact does not create a loan or a contract.
• Formal application is the turning point: When you agree to proceed with a lender or broker, they will typically ask you to complete an application and provide documentation. Only once the lender accepts the application and you sign the finance agreement are you bound by loan terms.
• Decline at any time: You can decline offers, stop communications, or choose to compare other options — no penalties from us for doing so.
• Fees & charges: Our introduction is free. Lenders/brokers may charge arrangement fees or commissions; these must be disclosed by them before you sign.
• Cooling-off: Business finance rarely carries the same statutory cooling-off rights as consumer credit. Check any lender’s cancellation or refund policy in writing before you sign.

How your personal/company data and consent are used

Data sharing with lenders/brokers & privacy summary

We share only the information necessary to match you to appropriate lenders or brokers. That typically includes business name, contact details, turnover or loan amount required, and sector (e.g. care home, dental clinic). We do not sell your data. Our Privacy Policy explains retention, security and your rights.

Credit checks: soft vs hard checks — when each may happen

Important to know:

• Enquiry stage: Simply submitting our form or receiving an introduction will not usually trigger a hard credit check. Matching is performed using business and basic information.
• Application stage: If you decide to progress with a lender or broker they will tell you whether they will perform a soft or hard credit search. Hard searches (which can affect personal credit files) are only carried out with your agreement and as part of a formal application.
• Consent: We explicitly ask for your permission to pass details to partners; you can withdraw consent at any time.

When lenders/brokers might ask you to proceed (and why)

Lenders/brokers will only ask you to proceed when they believe they can offer a product that suits your needs. Typical steps and reasons include:

• Pre-qualification or indicative quotes — low commitment, used to shortlist options.
• Conditional offers — subject to further checks (valuation, security, references).
• Formal application and documentation — this is when fees, security (e.g. charge on property), and personal guarantees may be discussed.

If you change your mind — withdrawing before/after application

You can always say no before you sign. If you withdraw during an application, ask the lender/broker what (if any) costs you may owe for work already completed. Always get fee disclosures in writing.

What to check on a lender or broker before proceeding

Before you sign any finance agreement:

• Ask for written terms, a clear schedule of fees and a description of any security or guarantees required.
• Ask whether a hard credit search will be performed and when.
• Request clear contact details for the firm and verify their reputation where possible.
• Compare multiple offers and timelines — you are free to do so.

Common scenarios for healthcare businesses

How “no obligation” works in typical healthcare finance cases:

• Care homes: Funding for refurbishment or working capital — you can get indicative quotes and only accept an offer when you’re satisfied with terms.
• Private clinics & medical practices: Equipment finance or practice expansion — initial offers often based on business performance; acceptance is up to you after full disclosure.
• Dental practices: Equipment, fit-out or acquisition loans — brokers frequently source multiple options so you can compare before committing.

For more detail on finance types specific to the sector, see our healthcare business loans page.

How UK Business Loans protects you — our service promise & transparency

• We only share relevant information with selected partners to match you quickly.
• Our service is free — we earn revenue when business owners complete the enquiry form and lenders/brokers follow up.
• We do not pressure you to accept offers. You choose whether to proceed.
• We encourage lenders and brokers to be transparent about fees and credit checks before you apply.

Start Your Free Enquiry (No Obligation)

Next steps — quick checklist

1. Decide approximate amount and purpose (equipment, refit, working capital). We handle enquiries for amounts typically from £10,000 upward.
2. Click “Get Quote” and complete our short form — it takes around 2 minutes.
3. We match you and share relevant details with selected lenders/brokers.
4. Compare the responses, ask about fees and credit checks, then decide whether to submit a formal application.

Get Quote Now — Free Eligibility Check

FAQ

Is there any obligation to continue after a UK Business Loans healthcare finance introduction?

No. An introduction connects you to a lender or broker. You are free to decline any offer — only a signed finance agreement creates a legal obligation.

Do I have to proceed after being introduced to healthcare finance by UK Business Loans?

No. You can compare options, ask questions, or withdraw at any time before signing an agreement. Our introducer service is free and no obligation.

Am I required to move forward following a UK Business Loans healthcare finance introduction?

No requirement. Proceeding is your choice. Lenders/brokers will explain any fees and checks before you commit.

Will submitting a form affect my credit score?

Not at the enquiry stage. A lender will only perform a hard credit search if you explicitly agree to proceed with an application; they should tell you in advance whether they will perform a soft or hard search.

Who pays any broker or arrangement fees?

Our service is free. Lenders or brokers may charge arrangement fees or commissions — these must be disclosed by them before you sign. Ask for written fee details.

Can I withdraw after I have started an application with a lender?

Yes, you can withdraw before you sign the finance agreement. If you withdraw during processing, ask the lender or broker about any costs incurred to date.

How will my information be used?

We share your details with selected lenders and brokers to find suitable finance options. We only share relevant information and handle your data per our Privacy Policy.