Start Up Loans Company

A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business in the UK. The Start Up Loans Company is part of the British Business Bank.

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.

Start Up Loan features:

• Available for those looking to start a business or a business which has been trading for less than three years 

• Borrow £500 – £25,000 (The average loan amount is £7,200)

• Fixed interest rate of 6% p.a.

• 5 year loan repayment term

• Free application support

• Free post-loan support and mentoring

• Free templates & guides

• No application or set-up fees