Are UK government small business loan programmes better than privately funded loans?

The uses for UK government small business loan programmes for lenders depends on a number of factors. There are many people who cannot get loans except through government loan programmes for a number of reasons, while others simply get better terms from the government than from private lenders. Typically, the best recipients for government loans are either borrowers who face other difficulties in getting loans, or borrowers requiring more capital than a private lender feels comfortable in offering. We encourage you to look at all lending programmes carefully before applying, to ensure that you get the best terms for your needs. For further questions you can fill out and submit the information request form on our site or ring us up 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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