Can I use a West Midlands small business loan for a new business?

In West Midlands there are small business loan offers and there are loans for new business, but you cannot use a loan for new business unless it states in the details of the loan that it is for that purpose. Loan offers are all different, and have intended uses that govern how they are to be spent, so you can check these details to find out which loan you can use. Also take a look at the qualification requirements, interest rates, terms and repayment schedules when choosing the best loan for your needs. To get advice along the way you can give us a call here at UKStartups.org, 020 3880 8554, or fill out the form on the website to get in touch.

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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