Are bank loans in Scotland good for business?

Bank loans in Scotland may help business in some instances, but government loans are generally more favourable to business owners. There are offers for new business owners that can be used to cover start up costs and equipment purchases, and there are existing business offers that can help with expansion and improvement costs. If you are thinking of looking for a loan, first discern what you need the funding for so that you can narrow your options based on their intended uses and eligibility requirements. Also note the details, repayment schedules and terms. Find out more by filling out the form on our website or give us a call here 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!

Need funding for your business?

Learn how you can get funding for your small business in the UK. It takes 30 seconds.