Are UK government small business loans or grants better for start up funding?

Each small business start up is different. However, each one can benefit from some type of funding within the start up phase. Loans are advantageous sometimes. This is because the conditions for obtaining loans through the government are not the same as the bank’s conditions, which can be helpful. The interest rates can be lower as well, and the repayment options may be more flexible If you have a clear idea of what you need money for you may be able to get a grant instead. Grants are given for many reasons. These may include to hire employees, or improve facilities. Fill out the form on our website to get more information or dial 020 3880 8554. Do so to speak with someone at UKStartups.org today.

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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