{"id":125409,"date":"2020-01-30T15:36:01","date_gmt":"2020-01-30T15:36:01","guid":{"rendered":"https:\/\/startups.co.uk\/?p=125409"},"modified":"2023-05-23T13:37:07","modified_gmt":"2023-05-23T13:37:07","slug":"start-up-business-loans","status":"publish","type":"post","link":"https:\/\/startups.co.uk\/funding\/loans\/start-up-business-loans\/","title":{"rendered":"Start Up Loans: How to apply"},"content":{"rendered":"

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Startups.co.uk is reader supported – we may earn a commission from our recommendations, at no extra cost to you and without impacting our editorial impartiality.<\/p>\n <\/div>\n <\/div>\n[vc_column_text hash_url=”” title_type=”h1″]Are you ready to fund a great business idea<\/strong><\/a> or do you have a startup in its early stages? Then you need to consider a loan from Start Up Loans, the government-backed scheme that has already lent over £540m to UK small businesses.\n

Start Up Loans allows you to borrow up to £25,000 over one to five years, with a fixed interest rate of 6% and no early repayment fees. You’ll also get 12 months of mentoring.<\/p>\n

Over the last eight years, the scheme has helped major UK startups like Cornerstone, Bird & Blend Tea Co., and City Pantry to get off the ground.<\/p>\n

This guide will tell you exactly how to apply for a loan, and explain what to do to stand the best chance of success, and offer tips from those who have been there and done it.[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column]<\/p>

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