Can I use a loan to start up a small business in Wales or is that fraud?

It is not fraud to use a loan to start up a small business in Wales if the loan is designed for such a purpose. Government loans are available each year for business use and each of them has their own purposes, which are stated in order to help potential applicants find out what they may be able to use for their business costs. Remember to check the eligibility requirements and other loan details as well, such as the interest rates, terms and repayment schedules. To get more information, fill out the form on our website or call us here at UKStartups.org, 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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