Do I need good credit to have a small business in North East?

It is not required that yo have good credit to have a small business in North East, but you may not have an easy time getting funding for it if you have bad credit and limit yourself to traditional avenues for seeking funds. You must take a look at the government loans and grants instead of just the funding from the bank or private investors. Government loans each have their own eligibility requirements and some of them are offered to business owners with bad credit only. Call our (freephone) at 020 3880 8554 to speak with someone at UKStartups.org about credit and your business. You can also complete contact form via our website to get more information.

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.