Is the bank the only source of loans for small business in the United Kingdom?

It is possible to get loans for small business use in the United Kingdom that are not from the bank. Each year the government has a selection of grants and loans for business needs that are offered for their own purposes, so you can choose from these offers if you know what you need to use the funding for. Regional and local area loans are also out there. Look at the details of the offers to help make your decision easier, as each programme has its own set of interest rates, terms repayment schedules and eligibility requirements. If you have questions or would like to find out more, contact us here at UKStartups.org, or use the phone if you prefer, 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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