Loans and mentoring for people looking to start or grow a business in England, Scotland, Wales and Northern Ireland.

How much you can get

£500 to £25,000

Who it’s for

To apply for a loan you must :

  • be aged 18 or over
  • be a UK-resident
  • have, or plan to start, a UK-based business which has not been fully trading for more than 24 months
  • not currently be bankrupt or on a Debt Relief Order (DRO), nor have you been discharged from one of these in the last two years
  • not currently have an outstanding Individual Voluntary Arrangement (IVA) or Trust Deed, nor have you been discharged from one of these in the last two years
  • not currently be on a Debt Management Programme or Debt Arrangement Scheme

What you can get

Start-up loans are government-backed and charge an interest rate of 6% fixed per year.

Organiser

Start Up Loans Company

Find out more on the Start Up Loans website

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