Does the United Kingdom give loans for new business costs?

Loans for new business needs are offered in the United Kingdom, and are more favourable to the applicants than bank loans for the same purpose in many cases. These offers may be less numerous than loans for existing businesses, so look at the regional and local level offers that you may be able to use in addition to the federal ones for the UK. Remember to check the eligibility requirements and intended uses of the offers that you find so that you can see if the loan is right for you or not. Further narrow your search by noting the interest rates, terms and repayment schedules. For advice or support, fill out the form on our website or give us a call at UKStartups.org, 020 3880 8554.

There are hundreds of government funding schemes available for small business owners in the UK. In fact, our Funding Database currently has over 600 government funding schemes and over 500 private investors available for small business owners and startup entrepreneurs. What are you doing to take advantage of this? Become a member and start your search.

Take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at starting your small business. It just takes 30 seconds and will also tell you if there may be any funding assistance available.

Be sure to look at the hundreds of daily questions and answers we have from entrepreneurs like you who want to learn more about starting a business, creating a business plan, searching for funding. Our small business experts take the time to answer each and every single question, so if you have something on your mind – we can help!

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