Private Money Lenders UK
Are the private money lenders UK small business owners can get financial assistance from regulated by the government?
To some degree or another, all private money lenders UK small business owners may be able to get financial assistance from are regulated in some way. Even if you get loan money for your small business from family and friends, a degree of regulation and responsibility becomes involved in terms of how that business funding source must report their financial assistance in their taxes.
When it comes to businesses that serve as private money lenders UK entrepreneurs can go to, be they banks, pay day loan companies, or angel investment organizations, there will be more extensive regulations in place. Because lending money is the service or product offered by private lending owners, UK needs to regulate them in terms of how much interest they can charge, what their options are if you default on your loan, and so on.
If you are an entrepreneur in UK, you may be able to begin your research into UK Government support programs as alternatives to private money lenders. If you are an UK entrepreneurs who dis seeking funding, make our online Startup Assessment Tool app your first stop, or discuss your small business financing options with our agents by calling the UKStartups.org at 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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