Loans and mentoring for people over 18 years old who are looking to start a business. Backed by the Business Bank.

Find out more on the the Start Up Loans website

Find out what you can get and if your business is eligible

Organiser

Start Up Loans Company

Eligibility

To apply for a loan you must be:

  • 18 years old or older when you apply
  • living in the UK

Additional information

Start Up Loans is a government-funded scheme that funds and mentors young entrepreneurs.

You’ll have a delivery partner (assigned by the Start Up Loans Company) who will help you develop a business plan. This will be assessed and funding decided by the Start Up Loans Company.

You’ll get a low-cost unsecured loan, business mentoring and a range of business support products if your plan is approved.

You must pay the loan back within 5 years, and you will pay a fixed rate of interest. Capital repayment holidays are available, but you must pay interest each month.

Start Up Loans are for entrepreneurs aged 18 and over living in the UK who want to start a business.

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