What information do I need to submit a Novo Business Loan application?

Applying for a Novo Business Loan™ is a hassle-free process. Once you begin your application, you will be prompted to confirm your personal, business and ownership details. If your business information is out of date, you will be redirected to update your information before finalizing your loan application.

Most Business Loan applications are approved automatically. If your application requires a closer look, it can take up to two business days. Upon approval, you will receive a confirmation email and the funds are transferred to your Novo account almost instantly or within 24 hours in some cases.