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.
- 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.
Below is a lists the Loan Delivery Partners within Scotland - these are:
DSL Business Finance
Transmit Start Up’s