Do you have a great business idea, or have you been trading for less than 24 months? Are you looking for finance and support to help develop your business? If you answered yes, then a government-backed Start Up Loan could help.
STEP 1 – Register Online
The first step is to check that you are eligible, and if so, to get in touch with us by filling out our quick online registration form, giving us some basic contact information.
STEP 2 – Make a Business Plan
Once you have registered, a member of the Start Up Loans Company, or a Delivery Partner representative, will contact you to discuss the next steps. You will work with a Business Advisor who will provide guidance on your business plan and cash flow. The more prepared these documents are, the better, as they will form the basis of your loan application. There are free templates available on our website.
STEP 3 – Complete Your Application
Once your business plan and cash flow forecast are completed, your Delivery Partner will then put forward your application to be considered for funding. You will never be charged to make a Start Up Loan application. Not by us. Not by our Delivery Partners.
STEP 4 – Get Going
If your application for a Start Up Loan is successful, you will be able to access exclusive business offers including discounted website design, free accounting software and free legal advice.
You will then start to repay your loan. You are required to pay back the loan within 1-5 years, and there is no early repayment fee. The exact term will be agreed with your Delivery Partner as part of your application process.
STEP 5 – Meet Your Mentor
After receiving funding from the Start Up Loans Company you will be offered a mentor who is on hand to help your business succeed. You will likely have a lot of questions that need answering and decisions to make, and a mentor can provide guidance and support to help you grow and develop your business.
Interested in a Start Up Loan?