loans to business
Are there private lenders that give loans to businesses?
Thank you for your question regarding private lenders giving loans to businesses. Most banks and lending institutions will have small business loan program. Each lending program will vary in eligibility requirements, principal amount, interest, repayment plans, etc.
You may also want to consider applying for government funding for your small business. The UK Government has funding available in the form of grants and loans to help with a number of business expenses. These include start-ups, renovations, product development, training, advertising, and more. Government grants do not have to be repaid and loans typically have lower interest rates than those from private lenders.
You can search for available opportunities using the Startup Assessment Tool , a convenient user-friendly app on the UKStartups.org website or you can call us 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!
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