Start-up loans
British Business Bank PLC
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 from £500 to £25,000 (the average loan amount is £9,295)
- Fixed interest rate of 6% p.a
- One to five-year loan repayment term
- Free application support
- Free post-loan support and mentoring
- Free templates and guides
- No application or set-up fees
British Business Bank PLC
Disclaimer: The content provided on this site, whether by Grow London Local or by third parties, is by way of general guidance only. Grow London Local does not accept any liability for any loss or damage that any person incurs as a result of any content on this site. Please note that where you purchase paid services or content from third parties, your agreement is solely with those third parties.