Does the UK Government offer business loans to people who have no previous management experience?

There are indeed small business loans for people with no previous management experience that are offered by UK Government funding sources.

A lack of previous management or even entrepreneurship experience is not a sign that your small business will necessarily fail, the UK Government provides loans to people who are in need of business assistance or mentoring. For example, there are loans for small businesses who don’t have experience running a business. These individuals, may be required to attend regular meetings with a mentor as part of the funding approval process, or they could be required to participate in appropriate courses.

However, simply not having experience is not enough to be granted government assistance. You will still need to meet other eligibility conditions attached to any UK Government small business loan

If you are a UK entrepreneur who is in need of help researching small business loans for people with or without previous management experience, ring up the UKStartups.org by calling 020 3880 8554 or using our free Startup Assessment Tool .

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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