Specialist guidance for fashion entrepreneurs applying for Start Up Loans
Fashion Angel
Launch your dream fashion business with a government-backed Start Up Loan.
A Start Up Loan is an unsecured government-backed personal loan available to UK individuals looking to start or grow a business in the UK, administered by the Start Up Loans Company, a subsidiary of the government-funded British Business Bank. You must be pre-start or trading three years or under and can borrow between £500 to £25,000, with no early repayment fees.
Key features
- Available between £500 to £25,000 per applicant
- Personal loan for businesses pre-start or trading 0 to 36 months
- Average loan size: £11,000
- Fixed 6% p.a interest rate with repayments over one to five years
- No early exit or repayment fees
- Access to free business support for 12 months
- No application or set-up fees
- Specialist application support from Fashion Angel.
- Applications are open to age 18+ UK citizens or those with an eligible visa or settled status
Eligibility requirements
You must be pre-start or trading three years or under and can borrow between £1,000–£25,000, with no early repayment fees.
Fashion Angel
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