Are government start up business loan conditions different from those of commercial loans?

Start up business loans conditions vary between government funding sources and those from commercial lending sources, especially the banks. The differences between these conditions vary, but often have to do with eligibility (government funds tend to be far more open to entrepreneurs because these sources do not look at you as a customer), and interest rates and repayment schedules also differ a lot, not to mention the amount of security each type of business financing may entail. To find out more about the start up business loan conditions many government loans are provided under, you can speak with a United Kingdom Business Funding Centre advisor by ringing up 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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