Loan
Start Up Loans
Government-backed unsecured personal loans of £500 to £25,000 at a fixed 7.5% for UK founders starting or running a business under five years old, with 12 months of free mentoring.
- £500 – £25,000
- Непрерывный приём заявок
- Великобритания
- Нет
- Idea, Pre-seed, Seed
- GB
Об этой возможности
Start Up Loans is a UK government-backed scheme that lends to individuals for business use. Each applicant can borrow between £500 and £25,000 as an unsecured personal loan at a fixed 7.5% a year, repaid over one to five years, with no application or set-up fees. Successful applicants get 12 months of free mentoring plus free help with business plans and cash-flow forecasts. Business partners can each apply, up to £100,000 per business. Excluded areas include FCA-regulated activities, gambling and property investment. There is no application deadline.
Кто может подать заявку
- Aged 18 or over and a current UK resident with the right to work in the UK - Business based in the UK, new or trading for up to 60 months - Unable to get finance elsewhere (self-declaration accepted) - Must pass credit and affordability checks - Applicant holds an equity stake and controlling interest in the business