Step-by-step: applying for a revolving credit facility with Juice

One of the most common misconceptions about business finance is that applying for it is a long, complicated process: weeks of paperwork, branch visits, and waiting. That's the traditional bank experience. With Juice, applying for a revolving credit facility is designed to be fast, digital, and built around how your business actually operates.

This guide walks through every step of the Juice Flex application process, from signing up to drawing down your first funds, so you know exactly what to expect.

Before you start: what to have ready

The Juice Flex application is designed to minimise the information you need to gather manually. Because we use open banking to access your financial data, you won't need to download and upload months of bank statements.

Before you begin, it helps to have the following to hand:

• Your Companies House registration number (for limited companies and LLPs)
• Your business bank account login details — you'll need these to connect your account via open banking
• Your personal details as director — name, date of birth, and home address
• Your business contact details — email address and phone number

That's genuinely the majority of what you'll need. The process is designed to be completed in a single session.

Step 1: Sign up online

Head to app.getmejuice.com/sign-up to start your application.

You'll be asked for basic information about your business:

• Business name and registered address
• Companies House number (or equivalent)
• Your name and role (director / sole trader)
• Contact email and phone number

How long it takes: Around two minutes. There are no lengthy forms or qualifying questionnaires at this stage, just the basics needed to create your account.

What happens after: You'll receive a confirmation email and be directed to the next step of the application.

Step 2: Connect your financial accounts

This is the most important step, and the one that makes the biggest difference to the speed of our assessment.

Juice uses open banking to review your business's financial history. Open banking is a secure, regulated technology that allows you to share read-only access to your bank account data directly with authorised lenders. You connect your account through your bank's own secure login. Juice never sees your bank credentials, and you can revoke access at any time.

Why we use open banking:

Rather than asking you to manually download and upload months of bank statements (which takes time and is prone to error), open banking gives us an accurate, real-time view of your cash flow, revenue patterns, and how you manage your working capital. This allows us to make a faster, more accurate assessment.

What we look at:

• Monthly revenue consistency and trends
• Cash flow patterns: inflows, outflows, end-of-month balances
• Working capital management, how you handle the gap between income and expenditure
• Any patterns that indicate financial difficulty (e.g., regular returned payments, consistent overdraft usage)

How long it takes: Connecting your account typically takes two to three minutes. If you have multiple business bank accounts, connecting all of them gives us the fullest picture and typically leads to a stronger assessment.

Security note: Open banking is regulated by the Financial Conduct Authority. Only lenders and services authorised by the FCA can request access. The connection is read-only. No payments can be made from your account through this process.

Step 3: Review and submit

Before submitting your application, you'll have the opportunity to review the information you've provided and confirm your consent for a credit assessment.

At this stage, Juice will run a soft credit search on your business and, as director, on you personally. A soft search:

• Is visible only to you on your credit report
• Does not affect your credit score
• Is not visible to other lenders or credit reference agencies

If you proceed to a full credit application (after receiving a decision in principle), a hard credit search will be conducted. This is standard for any credit product and will be visible on your credit report.

What to check before submitting:

• All business details are accurate
• Your director information matches what's on Companies House
• You're happy for Juice to conduct a soft credit search

How long it takes: A few minutes to review. Submitting is a single click.

Step 4: Receive a decision in principle

Once you've submitted your application, our team, supported by our data-led assessment process, will review your financial data and credit profile.

You'll receive a decision in principle outlining:

• Whether we're in a position to offer Juice Flex to your business
• The indicative facility size we may be able to provide
• Any next steps required before a final offer is made

Important: A decision in principle is not a guaranteed offer. Final terms are subject to completion of the full credit assessment and approval by our credit team. In some cases, additional information may be requested.

How long it takes: Many applicants receive a decision in principle the same day. Timelines are not guaranteed and may vary depending on application volume and the complexity of your financial data.

Step 5: Complete the full credit assessment

For most applicants, this step involves little to no additional action from you. Our credit team will use the data you've already provided to complete the assessment.

In some cases, particularly for larger facilities or businesses with more complex structures, we may request:

• Recent management accounts (typically last 3–6 months)
• VAT returns
• Additional director information if there are multiple shareholders

If we need anything further, we'll contact you directly and be clear about what's required and why.

Step 6: Receive your formal offer

Once the full credit assessment is complete and approved, you'll receive a formal credit agreement for Juice Flex.

Your offer will set out:

• Your approved credit limit (between £25k and £1M, subject to status and lending criteria)
• The interest rate applicable to drawn funds
• Your repayment terms
• Any applicable fees (set out clearly in the credit agreement)

Review the agreement carefully. If you're happy with the terms, sign electronically to proceed.

Step 7: Draw down when you need it

Once your facility is live, it's yours to use as your business requires. Here's how the revolving mechanism works:

• Draw down any amount up to your credit limit, at any time, directly from your Juice dashboard
• Repay when your cash flow allows. There's no fixed monthly repayment schedule enforced against your revenue cycle
• Revolve — as you repay, your available balance is restored. You can draw down again without reapplying
• No early repayment penalties — if you want to pay down your balance early, you can do so without any penalty, saving on interest

You don't pay interest on funds you haven't drawn. Your facility sits ready for when you need it, whether that's covering a VAT bill, buying stock before a busy period, or seizing an unexpected growth opportunity.

What if your application is unsuccessful?

Not every application will be approved, and that's okay. If we're unable to offer a facility at this time, we'll let you know. Where possible, we'll give you an indication of why, whether it's a question of trading history, revenue level, or credit profile, so you understand what might change in the future.

Some businesses that are declined today are in a strong position to qualify in six or twelve months' time as their trading record grows. If that applies to you, we'd encourage you to reapply once your circumstances have changed.

A note on FCA registration

Juice Ventures Limited is registered with the Financial Conduct Authority. That means:

• We're required to treat you fairly and provide information that is clear, fair, and not misleading
• Your application data is handled in accordance with UK GDPR and our privacy policy
• You have access to the Financial Ombudsman Service if you have a complaint

When you apply for Juice Flex, you're applying to an FCA registered lender. You're protected.

Ready to apply?

The whole process, from sign-up to decision in principle, is designed to take as little of your time as possible. Most of our customers complete the application in a single session.

Start your application — no impact to your credit score

If you have questions before you apply, talk to the team — we're here to help.

For more on this topic, explore our How To Apply For Revolving Credit Facility Uk resource hub.

Subject to status and lending criteria. Juice Flex is provided by Juice Ventures Limited, registered with the Financial Conduct Authority.