Start or grow your own business

 

  • Borrow up to £25,000
  • Fixed interest rate of 6% p.a.
  • 1-5 year repayment term
  • 12 months of free mentoring
  • Government-backed

 

British Business Bank

 

 

 

British Business Bank

Start or grow your own business

 

  • Borrow up to £25,000
  • Fixed rate interest rate of 6% p.a.
  • 1-5 year repayment term
  • 12 months of free mentoring
  • Government-backed

 

British Business Bank           

Over 55,000 business ideas supported with more than £400 million worth of loans

We offer free mentoring and low-interest personal loans to help you start or grow a new business.

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Borrow up to £25,000
(The average loan amount is £7,200)

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Fixed interest rate of 6% p.a.

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1 – 5 year loan repayment term

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No set up or early repayment fees

A great alternative for individuals looking for business loans to fund a startup.

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Pre-loan support with business plans and cash flow forecasts

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12 months of free mentoring for loan recipients

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A range of useful templates and start up guides

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Exclusive discounts on business products from O2, Experian, Santander and 30+ more

What you need to know

Start Up Loans is a government-backed scheme helping individuals start or grow a business in the UK. Alongside the low-interest loan, successful applicants can access free mentoring from experienced advisers.

How to apply

As part of the application process we aim to understand you and your business, so that we can help get you into the best possible position to succeed. Click the button below to find out more about how the process works.

Loan Calculator

Our loan repayment calculator is designed to help you work out what your total and monthly repayments for your Start Up Loan will be. Specify your loan amount and repayment period to see much you’ll need to repay.

Are you ready to kickstart your business journey?

Our Essential Guide to Starting a Business

Inside you’ll find tips and advice on:

  • Conducting market research on customers and competitors
  • Choosing a company structure
  • Figuring out your insurance and tax requirements
  • Developing your business strategy and sales forecast
  • Writing your business plan
  • Analysing the strengths and weaknesses of your business

Download this free guide
Enter your details to start your download.

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Our success stories

Thousands of UK businesses have been backed with the help of a Start Up Loan. Read below to find out about some of our success stories and how the support we offer, combined with small business funding, helped them turn their dreams into reality.

"I felt like if I was working that hard, I would rather be working that hard for myself – that’s what really pushed me."
Monks & Co
Monks & Co
Picture Download - With years of experience in the menswear fashion industry Amy decided that it was time to fulfil her ambition and ... Read MORE
"Mentoring was a brilliant element to the loan itself. Having a mentor through the start up process really helped."
Shortcuts Children’s Salon
Shortcuts Children’s Salon
Picture Download - Father of two David O’Neal opened his children's hair salon Shortcuts with the help of a Start Up Loan. David set out ... Read MORE
"Start Up Loans give you the cash and the business support to make it work, it’s a complete package that can’t be beaten."
Claudi & Fin
Claudi & Fin
Picture Download - Lucy & Meriel both received a Start Up Loan of £7,000 for their frozen yoghurt ice lolly business Claudi & ... Read MORE

 

Latest tips and advice delivered straight to your inbox

 

Whether you’re thinking of applying for a Start Up Loan in the future, or have already received one, sign-up to receive our monthly e-newsletter, filled with expert advice, latest success stories and special offers for your business.

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