
What is a Start Up Loan?
Bring your plans to life with a Start Up Loan of between £500 and £25,000 with a fixed interest rate of 6% per annum.
Personal loan for business purposes
A Start Up Loan is a government-backed personal loan available to individuals looking to start or grow a business in the UK.
In addition to finance, successful applicants receive 12 months of free mentoring and exclusive business offers to help them succeed.
The loan is unsecured, so there’s no need to put forward any assets or guarantors to support an application.
All owners or partners in a business can individually apply for up to £25,000 each, with a maximum of £100,000 available per business.
- Borrow £500 – £25,000
(The average loan amount is £9,295) - Fixed interest rate of 6% p.a.
- 1 – 5 year loan repayment term
- Free application support
- Free post-loan support and mentoring
- Free templates & guides
- No application or set-up fees
We will provide free templates and can personally help you create your Business Plan, Cash Flow Forecast and Personal Survival Budget to submit with your application.
If approved, you will be paired with a mentor for 12-months of free mentoring.
Need help with your application?
Try our business planning templates
Get started wih our business planning templatesFrequently asked questions
Mentoring was a brilliant element to the loan itself. Having a mentor through the start up process really helped. Shortcuts Children's Salon

Mentoring
For us, supporting start up businesses is about more than just offering affordable finance. We believe that support and guidance is just as important and that’s why we offer all of our Start Up Loan recipients 12 months of free business mentoring.
Learn more about mentoringNeed more information?
Not sure you’re ready to apply for a Start Up Loan? Check out our handy links below explaining the types of loans available.

Boost your business resilience with a tranche loan
about your eligibility requirements for a Start up Loan Read more
Second Loans
about your how to apply for a loan Read more
Sharia compliant finance
about our loan repayment calculator Read moreSign up for our newsletter
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