Start Up Loans
- Start or grow your own business
- Borrow up to £25,000
- Fixed interest rate of 7.5% per year
- Repay the loan over a term of 1-5 years
- 12 months of free mentoring
- Government-backed
Learn more about the loan
Start up Loans at a Glance
Over 100,000 business ideas supported with more than £1 billion worth of loans.
We offer government-backed low-interest personal loans and free mentoring to help you start or grow a new business.
- Borrow up to £25,000 (The average loan amount is £7,200)
- Fixed interest rate of 7.5% per annum (per year)
- Repay the loan over a term of 1–5 years
- No fees for arranging the loan or paying it back early
Meet the latest Start Up Loan Ambassadors
Start Up Loans appoints 14 small businesses from across the UK as its new Ambassadors
Learn with Start Up Loans
Start Up Loans has partnered with The Open University to offer a range of free courses ideal for people who are going into business for the first time.
The courses provide rich information covering subjects such as:
- Entrepreneurship
- Career and Leadership
- Finance and Accounting
- Sustainability
- Project Management
Case Studies
Thousands of UK businesses have been backed with the help of a Start Up Loan.
Read below to find out about some of our case studies and how the support we offer, combined with small business funding, helped them turn their dreams into reality.
Flyber Composites
Rowan Carstensen and Andrea Savi were studying together when they had their lightbulb moment for a business: they identified a gap in the market for propellers, a market dominated by Chinese suppliers.
Jenna Blair Yoga Wellbeing Centre
Shrewsbury-based Jenna Blair Yoga Wellbeing Centre, established as a side hustle just as Covid was closing down many wellbeing businesses, will shortly be celebrating the opening of its second studio and wellbeing space.
Kareinn
It all began back in 2015 for Eric Kihlstrom and his two co-founders when they started Kareinn, a business which addressed a gap in the market for care planning software.
Download our essential guide to starting a business
Inside, you'll find tips and guidance on:
- conducting market research on customers and competitors
- choosing a company structure
- figuring out your responsibilities around paying insurance and tax
- developing your business strategy and sales forecast
- writing your business plan analysing your strengths and weaknesses
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