£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
Kiran Hassan, Farzana Choudhry, Mariam Siddiqua outside Shahjee's

Shahjees

Three female entrepreneurs used funding from Start Up Loans to launch an Indian restaurant and takeaway in Nottingham. Farzana Ali Choudhry, Kiran…

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about Shajees
Portrait of Manuela Montenegro Moreira Baraad, Love & Love

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…

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about Love & Love
Portrait of Elaine Remy, Vie's Jamaican Rum Cakes

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…

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about Vie’s Jamaican Rum Cakes