Government loans up to £25,000 at half the local bank rates
Updated: Feb 29
We can facilitate Government loans for business Start Ups at a fixed 6% interest rate for the next 5 years, for up to £25,000 per Director;
These loans are repayable from 1 to 5 years;
No application or early repayment fees; and
Free business Mentoring for the duration of the loan;
Requirements: You have to be a UK resident, over 18 years old and the business must be a UK-based business that has yet to start trading, or been trading for less than 2 years.
We will need your National Insurance number, a CV and your consent to a credit check.
A 12 month cash flow forecast is required which we will work on with you to make it realistic.
As an example, £10,000 borrowed to boost your business over 5 years will cost you less than £200 per month in repayments.
The process tends to take 3-4 weeks for the money to credit your bank account.
Please read the first link explaining the Loan, the second link (Frequently Asked Questions) and apply on the third link: