Purpose of this paper is to show the work in progress of the author’s Ph.D. which is about the development of a method to support the communication between SME and their respective bank regarding intellectual capital (IC) within the lending process. Based on a theoretical and practical requirement analysis selected methods on intellectual capital reporting (ICR) will be analysed in order to identify suitable modules to support the communication interface between small and medium-sized enterprises (SME) and banks. This paper presents the approach and the development process of the project “IC Future Check” (Wuscher et al., 2014) where the requirements of financial experts and SMEs were collected by case study research activities and structured interviews. Based on the collected requirements the paper will outline the main challenges of ICR in the use of the lending process of banks. Approach – The definition of IC and the methodology of proceeding ICR in small and medium-sized enterprises as well as in larger companies and organizational networks have been adequately researched in the last years. But how can the concept of ICR help SME to get a better rating and better conditions of credits? Companies and especially SME are mainly assessed on the basis of their financial data and financial guarantees. However these data do not cover intangible assets, which represent a significant share of the value and the future development potential of an enterprise. This missing information might lead to an uncertain assessment of the company and in consequence to unfavourable credit conditions for SME. To reduce the risk assessment on the banking side and to enhance the credit conditions on the company side, structured and additional information on non-financial information can reduce the existing information asymmetry. In this context detailed field reports and surveys have shown that complementing financial data with information on intangibles can sharpen the view on creditworthiness of an organisation. Especially SME are facing the challenge that the intangibles which thus far have not been taken into account are to make transparent for their respective banks. Value and The paper is about the theoretical and practical requirements of banks and SME as the basis for the development a suitable methodology for assessing and communicating intellectual capital of SME in the context of the lending process of banks.