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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 two 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