1Requirements are similar but with simpler governance.
Sole-prop/LLP applicants provide registration proof, owner/partners’ ID + address, and business address documentation. Where licensing is needed, include copies. Banks still want to see real activity (quotes, invoices, website). Governance items like Board Resolution give way to owner authorisation, but payment approval controls are still recommended.
sole proprietor, LLP, SME requirements
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About the Author
Helen Lili – Editor, Research Lead
Helen leads tariff analysis and product change tracking. She maintains the normalized dataset that powers our comparison tables and ensures each claim links back to a dated primary source.
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