Is it better to get a start up business loan from the bank or from the government?

A start up small business loan from the bank can come with prohibitive conditions attached, and high interest rates. Government loans have more favourable rates generally, and have different conditions. People that have been rejected for loans by the bank can still have success when applying for government loans, as they have different eligibility conditions. If you are starting a small business and need the extra money to make your company thrive, this could be the thing for you. Government loans are made to boost the economy by supporting small businesses, so they are there to help the small business owner. Fill out our web site’s email contact form or call UKStartups.org 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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