Are government grants or loans better in the United Kingdom?

Neither business grants or loans are necessarily the better choice for those seeking funds in the United Kingdom. Each has their own merits. Grants are beneficial as they do not require repayment. However, they can be more specific in their intended uses, and more time consuming to apply for. Loans are generally more favourable from the government than from the bank. However, some still have interest. Always note the eligibility requirements for any programmes you are considering. For more information, fill out the form on our website. You may also call us 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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