Can a start up business use a government loan to increase its market penetration?

Business loan programmes can be used for many purposes, but to up your customer base you may be interested in a grant that is for advertising or exporting, both of which can help improve market penetration. You might also consider grants that can be used for hiring employees and training employees, as if you do increase the amount of customers you have drastically, you will need to hire more people. If you know what you are looking for and how much money you need before you start, narrowing down the pool of grants will go smoother. Learn more about how to find grants you can use by filling out the form on our web site or by calling us 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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