Start Up Loans
Funds UK founders starting or growing a young business with a government-backed personal loan and 12 months of mentoring.
Eligibility · UK residents starting or growing a UK-based business
The Start-Up Loans Company, a wholly owned British Business Bank subsidiary, delivers Start Up Loans as government-backed personal loans for business use. An individual can borrow GBP 500 to GBP 25,000 at a fixed annual interest rate of 7.5 percent and repay over one to five years. The loan is unsecured, so it needs no business asset or guarantor, but the individual borrower remains personally lia…
Business start-up and early growth costs such as equipment, stock, premises, marketing and other uses described in the business plan and cash-flow forecast.
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