What still works
Facilities secured on a specific asset or receivable are the most resilient to adverse history: invoice finance underwritten on your customers' credit, asset finance secured on identifiable equipment, and property-backed lending where the loan-to-value gives the lender comfort. Trade finance can also work where the transaction chain is strong.
Disclose everything up front
Every funder will find the CCJ, the arrears plan or the previous insolvency. Disclosing it with a one-paragraph explanation and evidence that it is resolved preserves credibility; being found out at credit stage ends the process and burns weeks.
Expect different terms
Anticipate lower advance rates, higher margins, personal guarantees, shorter terms and tighter monitoring. The commercial question is whether the facility still earns its cost — often it does when it unlocks a contract or prevents a supply failure.
Rebuilding fundability
File accounts on time, clear tax arrears or formalise a payment plan, reduce director loan movements, keep the bank account free of returned items, and hold a facility you service perfectly for twelve months. Most files improve materially within a year of disciplined behaviour.
Frequently asked questions
Will a CCJ stop a funding application?
Not automatically. Satisfied judgments with an explanation are commonly accepted, particularly for asset or receivables-backed facilities.
Does an enquiry with GFG affect my credit file?
No. We do not run credit searches. A search only happens if you choose to progress with a specific provider and consent.
Last reviewed: 2026-08-15