Can I Get Business Funding with CCJs?
Yes. iwoca, YouLend, and 365 Finance all approve CCJ businesses. 70-80% approval rate for businesses with satisfied CCJs. Here is how to get approved for your business growth.
Quick Answer
Yes, you can get business funding with CCJs. Merchant cash advance providers (iwoca, YouLend, 365 Finance) focus on your current business performance, not credit history. 70-80% of CCJ businesses are approved if revenue is £5k+/month.
Best option:
iwoca (lowest rates, accepts CCJs)
Amount:
£1k-£500k (same as non-CCJ businesses)
Approval:
24-48 hours
Which Lenders Accept CCJs?
iwoca
Accepts satisfied CCJs • 80% approval with CCJs
YouLend
Accepts CCJs case-by-case • 75% approval
365 Finance
Accepts explained CCJs • 70% approval
Funding Circle
May accept minor CCJs • 30% approval
High Street Banks
Usually decline • 5-10% approval
Types of CCJs and Impact
Satisfied CCJs (Paid Off)
Minimal
75-80% with MCAs
iwoca, YouLend, 365 Finance all accept
Unsatisfied CCJs (Still Owed)
Moderate
50-60% (case-by-case)
Best option: iwoca or Capify (more lenient)
Multiple CCJs (3+)
Significant
30-40%
Must show strong current revenue (£15k+/month)
Recent CCJs (Within 12 Months)
Significant
40-50%
Best option: 365 Finance or Capify (focus on current performance)
How to Get Approved with CCJs
Be upfront
Declare CCJs in application (they will find out anyway)
Explain the situation
"2 CCJs from COVID period, both now satisfied"
Show strong current performance
£10k+ monthly revenue, growing sales
Apply to MCA providers
iwoca/YouLend vs banks (2x higher approval)
Consider satisfying CCJs first
Pay them off before applying if possible
Real Example: CCJ Business Approved
Cafe, 14 months trading
3 satisfied CCJs totaling £12k from 2022
£11,000/month, growing 10% quarterly
iwoca
APPROVED: £25,000 at 1.22x factor rate (£5,500 cost over 8 months)
Approval Rates by CCJ Scenario
1-2 satisfied CCJs + £10k revenue
3-5 satisfied CCJs + £15k revenue
1-2 unsatisfied CCJs + £12k revenue
5+ CCJs or recent bankruptcy
Which CCJs Are Deal breakers?
Active bankruptcy: All lenders decline (wait until discharged)
Fraud-related CCJs: Automatic decline from all lenders
Very large unsatisfied CCJs: £50k+ may block approval
CCJs to HMRC: Tax-related CCJs are viewed more seriously
Best Lender for CCJ Businesses
iwoca - Most lenient criteria, highest approval rate (80% for CCJ businesses), best rates (1.08-1.25x). First choice for businesses with credit issues seeking growth funding.
Get Approved Despite CCJs
We specialize in CCJ businesses
75% approval rate • £3k-£500k available
Apply with CCJsFrequently Asked Questions
Can I get business funding with CCJs?+
Yes! Merchant cash advance providers (iwoca, YouLend, 365 Finance) focus on your current business performance, not credit history. 70-80% of CCJ businesses are approved if revenue is £5k+/month and CCJs are satisfied (paid off).
Which lenders accept CCJs?+
iwoca accepts satisfied CCJs with 80% approval. YouLend accepts CCJs case-by-case (75% approval). 365 Finance accepts explained CCJs (70% approval). Funding Circle may accept minor CCJs (30% approval). High Street Banks usually decline (5-10% approval).
What is the approval rate for CCJ businesses?+
Approval rates vary by CCJ status: 1-2 satisfied CCJs + £10k revenue = 80% approval. 3-5 satisfied CCJs + £15k revenue = 65% approval. 1-2 unsatisfied CCJs + £12k revenue = 55% approval. 5+ CCJs or recent bankruptcy = 20% approval.