£600 million milestone

Start Up Loans passes £600m outside of London funding milestone

The 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.

East Midlands

4,883 and £41.8m lent to aspiring business owners in East Midlands

East of England

6,106 and £55.4m lent to aspiring business owners in East of England

North East Region

4,875 and £42.5m lent to aspiring business owners in North East

North West Region

10,881 and £94.2m lent to aspiring business owners in North West

Northern Ireland Region

1,356 and £11.0m lent to aspiring business owners in Northern Ireland

Scotland Region

5,626 and £47m lent to aspiring business owners in Scotland

South East Region

8,378 and £81.2m lent to aspiring business owners in the South East

South West Region

7,487 and £66m lent to aspiring business owners in the South West

Wales Region

4,019 and £39m lent to aspiring business owners in Wales

West Midlands Region

7,264 and £63.6m lent to aspiring business owners in the West Midlands

Yorkshire & The Humber Region

7,497 and £68.7m lent to aspiring business owners in Yorkshire and The Humber

Success Stories

Portrait of Olivia Rosenthal, Maldon Books

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…

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about Maldon Books
Portrait of Joel Clayton, Trapped Animal Records

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…

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about Trapped Animal Records
Portrait of Michael Hughes, Real Life Role Models

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…

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about Real Life Role Models