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Start Up Loan

A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business in the UK.

With a fixed interest rate of just 6% per annum and the ability to borrow between £500 and £25,000, Start Up Loans offer an affordable source of finance to help new and early stage business owners bring their plans to life.

Start Up Loans are available to individuals over the age of 18 who are eligible to start a business in the UK.  Individuals can only receive one Start Up Loan, however more than one partner in a business can be eligible to apply for a loan.

More info:-

  •  Up to £25,000 available
  •  6% fixed interest rate
  •  For businesses who have been trading for less than 24 months
  •  1-5 year loan term
  •  No application fee
  •  No early repayment fee

For more information and to check eligibility click here to go to the Start Up Loans website £5,500 average loan size

Once you've established that you meet the criteria get in touch and we'll give you all the help and information you need to apply.

 

check eligibility

Next Steps

Below is a lists the Loan Delivery Partners within Scotland - these are:

DSL Business Finance
Prince’s Trust

Transmit Start Up’s
Virgin StartUp
X-Forces

If you are eligible, why not book yourself onto one of our one-to-one start-up loan meetings. This 45 minute FREE session is designed to let you speak to an advisor who will help you get your application completed - we all know that filling in application forms can be daunting at times. 

As an official Delivery Partner for the Start Up Loan scheme, a Transmit Start-Up advisor will assist you with the aim of getting your application completed, your funding approved and your business trading within 4 weeks

One-to-one meetings upcoming dates:

 

Simply complete the form in the below link to see if you are eligible and if you are, all you need to do is book yourself into one of our meeting and we'll guide you through the rest!

 check eligibility