▁a ▁range ▁of ▁business ▁and ▁personal ▁lo ans ▁and ▁commercial ▁h ire ▁purchase ▁lo ans . ▁It ▁does ▁not ▁sole ly ▁rely ▁on ▁the ▁use ▁of ▁autom ated ▁credit ▁scoring ▁to ▁evaluate ▁potential ▁customers , ▁but ▁instead ▁uses ▁a ▁' common ▁sense ' ▁approach ▁to ▁under writing ▁applications . ▁ ▁The ▁scheme ▁gained ▁media ▁attention ▁after ▁Fish wick ' s ▁early ▁efforts ▁were ▁captured ▁in ▁a ▁series ▁for ▁Channel ▁ 4 ▁in ▁ 2 0 1 2 , ▁including ▁his ▁call ▁for ▁parliament ▁to ▁reform ▁the ▁bank ing ▁system . ▁In ▁ 2 0 1 7 , ▁B S AL ▁applied ▁to ▁become ▁a ▁UK ▁reg ulated ▁bank , ▁' The ▁Bank ▁of ▁Dave ', ▁offering ▁an ▁expanded ▁range ▁of ▁products ▁to ▁an ▁expanded ▁audience . ▁ ▁History ▁During ▁the ▁financial ▁crisis , ▁Fish wick ▁felt ▁that ▁the ▁current ▁bank ing ▁system ▁needed ▁change ▁as ▁he ▁felt ▁that ▁traditional ▁high ▁street ▁banks ▁wer en ' t ▁l ending ▁enough ▁money ▁to ▁people ▁or ▁small ▁business es . ▁He ▁also ▁recogn ised ▁the ▁negative ▁view ▁of ▁larger ▁banks ▁held ▁by ▁the ▁wider ▁population , ▁particularly ▁the ▁' bon us ▁culture ' ▁that ▁these ▁banks ' ▁employees ▁were ▁benef iting ▁from . ▁ ▁In ▁response ▁to ▁this , ▁he ▁assemble d ▁a ▁small ▁team ▁and ▁began ▁l ending ▁through ▁B S AL ▁by ▁personally ▁under writing ▁all ▁lo ans ▁and ▁assess ing ▁the ▁risk ▁of ▁each ▁loan ▁by ▁studying ▁the ▁business ▁models ▁and ▁rep ay ment ▁plans ▁of ▁his ▁customers . ▁Since ▁opening , ▁the