finance application

(in accordance with regulation 2 of the Small and Medium Sized Business (Finance Platforms) Regulations) a request in any form for a finance facility, whether such request is made for a new facility or for the renewal or extension of an existing facility, where:

1. (a) the request is supported by sufficient information to enable the recipient to make an informed decision as to whether to provide the requested finance facility; or
1. (b) the recipient has responded by requesting further specific information to enable it to make an informed decision as to whether to provide the requested finance facility.