How heavily regulated are the small business loans provided by UK Government funding sources?

The small business loans and grants offered by the UK Governments funding sources are strictly regulated. The financial assistance provided by the UK Government comes from taxpayers, this means that they have to be certain that they are doing their utmost to get that financial assistance into the right hands and that it is treated properly once there and not abused.

The first step to regulating small business loans offered by UK Government funding sources is the legislation that is in place to determine how taxpayer money may be used in such programs. Another way in which funding is regulated in regards to small business financing through the UK Government is the various application restrictions and eligibility terms that define who is an appropriate applicant for the provided financial assistance. These terms and conditions are used to best enable the money to end up in the right, appropriate hands instead of being given to just anyone who takes the time to send in a loan application.

Begin your research into small business lending programs provided by the UK Government by making 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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