If you’re starting a new business or have been trading for less than three years, then you’ve met the first criteria for securing a Start Up Loan.
Check out the other criteria below to make sure you’re eligible before applying.
We are working with Start Up Loans Companies and their network of Business Support Partners to help you get your loan. We will help you get your application started, making it quick and easy to begin the process.
You'll need to pass some eligibility checks and create a business plan and realistic cashflow forecast.
Your Business Support Partner will match you with a business advisor, and help you to use the templates so that you can get the money in your account as soon as possible. You can borrow £500 - £25,000, customised to your needs.
There are no fees charged for obtaining a Start Up Loan or any of the services associated with it. All of the advice, professional mentoring and templates you'll receive will be free to use.
An unsecured business loan provides businesses with financing without requiring assets or personal guarantees for security.
Instead, lenders assess the strength of your company based on financial statements and credit history to determine risk and set terms.
Unsecured loans often have higher interest rates and lower maximum loan amounts compared to secured financing options. However, they also avoid legal fees, valuation costs, and the risk of putting up collateral. Business Loans we have partnered with Funding Options to bring you access to over 120+ lenders. Funding Options provides you with one simple application process that delivers uniquely tailored loan solutions for your business.
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