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Organisations Category: Investors & Funding
Start Up Loans are government-backed personal loans for business purposes. They are available to businesses yet to launch or those that have been trading for up to 24 months. The Start Up Loans Company works with a network of Delivery Partner organisations, who support Start Up Loan applicants in all regions and industries throughout the UK.
The Start Up Loans Company was established in September 2012, when Lord Young identified that if self-employment was rooted in the British mentality and considered as a viable career path this would lead to increased job creation.
Our mission is to ensure the provision of affordable finance, free mentoring and support for those who cannot obtain funding from alternative sources.
The Start Up Loans Company is supported by the British Business Bank, and with £330 million of government funding confirmed, we are set to continue our exciting work backing more than 30 business a day.
- Launched in 2012. Lending was opened up to Scotland in February 2014.
- Borrow up to £25k
- Fixed 6% Interest p.a.
- 1-5 Years Loan Term
- No Upfront Fees