The Start Up Loans Company was established in September 2012, with a mission to help new and early stage UK businesses access affordable finance and mentoring support. We’re a subsidiary of the British Business Bank and deliver the Government’s Start Up Loans programme providing finance and support for businesses who struggle to access other forms of finance.
A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business in the UK. In addition to finance, successful applicants receive 12-months of free mentoring and exclusive business offers to help them succeed.
The loan is unsecured, so there’s no need to put forward any assets or guarantors to support an application. All owners or partners in a business can individually apply for up to £25,000 each, with a maximum of £100,000 available per business.
- Borrow £500 – £25,000 (The average loan amount is £7,200)
- Fixed interest rate of 6% p.a.
- 1 – 5 year loan repayment term
- Free application support
- Free post-loan support and mentoring
- Free templates & guides
- No application or set-up fees
Apply here: https://www.startuploans.co.uk/apply/
Ready to grow?
If you think your business would benefit from support or funding, get in touch and we’ll help you work things out.