The Start Up Loans scheme has had a transformative impact on the lives of thousands of individuals, our local communities and the nation as a whole. For every £1 invested in the scheme, £3.30 of value is delivered back into the UK economy.
Check out the infographic below for our latest lending statistics, including our work with individuals who might have struggled to start up without our support.
105,983
Businesses backed so far
£1.014bn
Money lent so far
£9,550
Average loan size
30
Businesses backed per day
| MEN | 60% |
|---|
| WOMEN | 40% |
|---|
| MEN |
|---|
| 60% |
| WOMEN |
|---|
| 40% |
- 14% 18 > 24
- 26% 25 > 30
- 49% 31 > 49
- 12% 50+
32% Neets
as % of 18 > 24
age group only
- 79%
white - 21%
ethnic minorities
26%
Unemployed before
applying
- England 88% of lending volume
- Scotland 6% of lending volume
- Wales 4% of lending volume
- Northern Ireland 2% of lending volume
- England 87% of lending volume
- Scotland 6% of lending volume
- Wales 5% of lending volume
- Northern Ireland 2% of lending volume
Will you be next? Find out more about how to apply for a Start Up Loan
Our success stories
We’ve already backed thousands of businesses around the country with a Start Up Loan. Read on to find out about some of our success stories and how our support helped them turn their dreams into reality.