Personal Loan for Business (from Start Up Loans)
- Government-backed personal loan for business purposes
- Borrow up to £25k, with a repayment term of 1-5 years
- No set up or early repayment fees, fixed 6% interest rate
About Start Up Loans
Start Up Loans is an independently managed, government-backed scheme, supported by the British Business Bank and designed to support businesses who struggle to access other forms of finance.
Start Up Loans seeks to support as many great business ideas and opportunities as possible, but is also committed to responsible lending. That’s why the loan assessment considers both your ability to afford the loan and the viability of your business plans.
Start Up Loans works with a national network of Delivery Partners who are based across England, Wales, Scotland and Northern Ireland. In addition to helping applicants prepare their business plan and cash flow forecast, Start Up Loans Delivery Partners are responsible for assessing final applications and providing ongoing mentoring support to successful applicants.
Delivery Partners and Finance Partners are closely monitored by The Start Up Loans Company to deliver a consistent approach to supporting applicants and ensure responsible lending decisions are made across the network.
Personal Loan for Business Requirements
- UK resident
- Trading less than 2 years
Apply for Personal Loan for Business