CHAT WITH AN EXPERT 
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.
85,809
Businesses backed so far
£759.3m
Money lent so far
£8,849
Average loan size
31
Businesses backed per day
| MEN | 60% |
|---|
| WOMEN | 40% |
|---|
| MEN |
| 60% |
| WOMEN |
| 40% |
- 15% 18 > 24
- 26% 25 > 30
- 47% 31 > 49
- 12% 50+
36% Neets
as % of 18 > 24
age group only
- 70% White British
- 21% Ethnic Minorities
- 9% White Other
30%
Unemployed before
applying
- England 87% of lending volume
- Scotland 6% of lending volume
- Wales 5% 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.
"I felt like if I was working that hard, I would rather be working that hard for myself – that’s what really pushed me."
Monks & Co Monks & Co
Download Document(opens in a new tab) - With years of experience in the menswear fashion industry Amy decided that it was time to fulfil her ambition and ... Read article
Read article "Mentoring was a brilliant element to the loan itself. Having a mentor through the start up process really helped."
Shortcuts Children’s Salon Shortcuts Children’s Salon
Download Document(opens in a new tab) - Father of two David O’Neal opened his children's hair salon Shortcuts with the help of a Start Up Loan. David set out ... Read article
Read article "Start Up Loans give you the cash and the business support to make it work, it’s a complete package that can’t be beaten."
Claudi & Fin Claudi & Fin
Download Document(opens in a new tab) - Lucy & Meriel both received a Start Up Loan of £7,000 for their frozen yoghurt ice lolly business Claudi & ... Read article
Read article