What are the different kinds of loans I can get for my business?

There are many different types of loans for business owners. You might start by researching the lending programs available from your bank or lending institution.

The UK Government also offers small business loans, often at lower interest rates than those provided by private lenders. There are several different types of loans available, guaranteed, short-term, long-term, emergency loans and the list goes on.

You might also consider researching government grants your small business may qualify for. These funds can be given to help with a variety of business expenses and if terms and conditions are kept, funds do not have to be repaid. You can search for available funds using the Startup Assessment Tool on the UKStartups.org website or call the center directly at 020 3880 8554, toll free.

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?

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