Start Up Loans are available from £500 to £25,000, per applicant (e.g. a business with three founders could apply for up to 3 x £25,000). If you have business partners who are applying, they should fill out a separate application form.
Final loan amounts are assessed on the needs of your business. Our average loan value is £7,000 and over 90% of the loans we approve are for under £10,000.
Complete the form on this page. We’ll be in touch by email within 2-3 days to let you know if you are eligible to apply for a start up loan.
If you are eligible we, or our referral partner, will help you put a business plan together. We will also ask you for some ID documents before completing your application for review.
We will let you know if your application is successful. If so, the loan will be transferred to you and will be able to access free mentoring and discounts from our corporate partners.
The Start Up Loans Company does not provide grant-based funding. Meeting monthly repayments form a primary condition of the loan agreement applicants accept and sign. Like other credit commitments, failed Start Up Loan repayments may affect an applicant’s credit record and formal action may commence against the applicant for missed loan payments.
Our FAQs section contains common questions on the application process. Or you can ask us a question via the online chat (see the “We’re online!” button to the bottom right of the screen) or ring/email us.
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