Is a loan or grant better for a North West business?

A North West business may be able to benefit from a loan or grant. Each programme is different and has its own eligibility requirements and intended uses. Loans also have different interest rates, terms and repayment schedules. Grants typically require more time and effort to be approved for than do loans, although the former have the benefit of not needing to be repaid. On the other hand, most government loans are more favourable than bank options. If you have any questions or need more information, fill out the form on our website or give us a call on 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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