Start or grow your own business…
…with the help of a government-backed Start Up Loan and free business support. A great alternative for individuals looking for business loans to fund their start up.A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business in the UK.
With a fixed interest rate of just 6% per annum and the ability to borrow between £500 and £25,000, Start Up Loans offer an affordable source of finance to help new and early stage business owners bring their plans to life.
In addition to finance, all Start Up Loan recipients are offered up to 12 months of mentoring support and access to a range of special business offers.
Click below to get started.
Borrow £500 – £25,000
Fixed interest rate of 6% p.a.
1-5 year loan repayment term
Free application support
Free post-loan support and mentoring
No application or set-up fees
Exclusive business offers
Our Essential Guide to Starting a Business
To help you turn your business idea into reality, we’ve created this short guide with all the essential information you need to get started. It includes tips and advice on a wide range of topics that are important to consider when getting your start up business off the ground.
- 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
Need help getting started? Try our business planning templates
Getting started
A Start Up Loan can help you transform your business idea into reality. Read on to find out more about the application process, work out your loan repayments and find out about the mentoring you’ll be entitled to if your application is successful.
How to apply
Our application process is designed to allow you to demonstrate that you can afford a Start Up Loan and that you have a strong, viable business idea. Find out more to get started.
Business Advice
Our business advice section has a wide range of guides and tips covering all the areas you need to think about to start your business, from legal and finance to marketing and staffing.
Free start up guides
If your application is approved, you will be offered 12 months of free support from an experienced mentor, to offer you guidance and advice as you build your business.