If you are an SME who has had a credit application declined by a bank, it’s not necessarily the end of the road. An appeals process to challenge lending decisions has benefitted around 40% of businesses who reached a successful alternative lending agreement (BBA report). Only 2% of the 14% of applications declined for credit (loans, credit cards and overdrafts) were however appealed in the first place because many SME’s are not aware that its possible. If you think you have a case for getting a better decision, it may be worth taking it further.