£600 million milestone
Start Up Loans passes £600m outside of London funding milestoneThe British Business Bank’s Start Up Loans programme has passed a major milestone of £600 million worth of loans delivered outside of London, providing 68,559 loans to entrepreneurs outside of the capital since its launch in 2012.
4,883 and £41.8m lent to aspiring business owners in East Midlands
6,106 and £55.4m lent to aspiring business owners in East of England
4,875 and £42.5m lent to aspiring business owners in North East
10,881 and £94.2m lent to aspiring business owners in North West
1,356 and £11.0m lent to aspiring business owners in Northern Ireland
5,626 and £47m lent to aspiring business owners in Scotland
8,378 and £81.2m lent to aspiring business owners in the South East
7,487 and £66m lent to aspiring business owners in the South West
4,019 and £39m lent to aspiring business owners in Wales
7,264 and £63.6m lent to aspiring business owners in the West Midlands
7,497 and £68.7m lent to aspiring business owners in Yorkshire and The Humber
Success Stories
Maldon Books
Olivia Rosenthal, 28, from Maldon in Essex took out a loan of £25,000 in December 2019 to launch Maldon Books – an independent bookshop for adults…
Trapped Animal Records
Joel Clayton from Cambridge received a loan through delivery partner Transmit Start-Ups in 2019, which he used to establish a record label, Trapped…
Real Life Role Models
Michael Hughes secured £7,000 from Start Up Loans – through The Hub – to launch a new service providing respite and mentoring sessions for…
Shahjees
Three female entrepreneurs used funding from Start Up Loans to launch an Indian restaurant and takeaway in Nottingham. Farzana Ali Choudhry, Kiran…
Love & Love
Love & Love is a recipient of the Start Up Loans programme. Founded by Manuela Montenegro Moreira Baraad and based in Leeds, it received a loan…
Vie’s Jamaican Rum Cakes
Vie’s Jamaican Rum Cakes is a recipient of the Start Up Loans programme. Founded by Elaine Remy and based in Kendal, it received a loan of £5,000 in…