What are interest rates like for smll business loan programmes?

Smll business loan interest rates change depending on the loan. Entrepreneurs who want a government loan you should check the details of each programme you are considering before making up your mind. Most have low interest rates, some have no interest, and some do not require repayment at all. If you are considering a loan, make note of the prerequisite terms as well, and the terms, repayment schedule, and uses. Most have better terms than bank loans, and have different prerequisite terms too, so even if you have been rejected by the bank when seeking funding before, you may have a chance. Find out more by filling out the form on our web site or give us a call on 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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