Government Start Up Loans

Loans and mentoring for people over 18 years old who are looking to start a business. Backed by the Business Bank - www.startuploans.co.uk

What you need to know
Find out what you can get and if your business is eligible

Organiser
Start Up Loans Company

Eligibility

·     To apply for a loan you must be:

·     18 years old or older when you apply

·     Living in the UK

Additional information

·     Start-up Loans is a government-funded scheme that funds and mentors entrepreneurs.

·     You’ll have a delivery partner (assigned by the Start Up Loans Company) who will help you develop a business plan. This will be assessed and funding decided by the Start Up Loans Company.

·     You’ll get a low-cost unsecured loan, business mentoring and a range of business support products if your plan is approved.

·     You must pay the loan back within 5 years, and you will pay a fixed rate of interest. Capital repayment holidays are available, but you must pay interest each month.

Last updated: 19 October 2015