Start up Loans at a Glance
A part of the British Business Bank; The Start Up Loan Company has supported over 100,000 business ideas with more than £1 billion worth of loans.
Start Up Loans offer government-backed low-interest personal loans and free mentoring to help you start or grow a new business.
- Borrow up to £25,000 (The average loan amount is £10,264)
- Fixed interest rate of 7.5% per annum (per year)
- Repay the loan over a term of 1–5 years
- No fees for arranging the loan or paying it back early
