Hi Ravisteam. I did exactly the same as you yesterday with HSBC and still waiting which I presume is probably normal. I don't believe you need to supply any documents and no credit checks are done as government are taking 100% of the risk. As my book keeper says "you will never get lending this cheap again so you should take advantage". Only if you need it of course and certainly didn't go for full 25% but enough to keep things ticking over. Interest is paid over 6 years but the government is paying year 1 interest although capital is paid over 5 years. If I hear back this morning about loan I will post back. Olly