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.
93,966
Businesses backed so far
£862.5m
Money lent so far
£9,178
Average loan size
25
Businesses backed per day
MEN | 60% |
---|
WOMEN | 40% |
---|
MEN |
---|
60% |
WOMEN |
---|
40% |
- 14% 18 > 24
- 26% 25 > 30
- 47% 31 > 49
- 13% 50+
34% Neets
as % of 18 > 24
age group only
- 80%
white - 20%
ethnic minorities
5%
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.