Start Up Loan
Administered by Government
About this grant
Start Up Loans are government-backed and charge a fixed interest rate of 7.5% per year. You can repay the loan over a period of 1 to 5 years.
Key facts
Eligibility requirements
All of the following criteria must be met:
- You must live in the UK
- You must be 18 or over
- You must have (or plan to start) a UK-based business that’s been fully trading for less than 5 years
What the funding covers
- Starting or growing a business
How to apply
- 1Apply on the Start Up Loans website
- 2Review the eligibility criteria and application requirements.
- 3Gather all required documents and supporting information.
- 4Complete the application form with accurate and up-to-date details.
- 5Provide a clear description of the project, proposal, or business activity.
- 6Submit any required financial, technical, or organizational information.
- 7Review the application to ensure all sections are complete.
- 8Submit the application before the stated deadline.
- 9Respond promptly to any requests for additional information or clarification.
- 10Track the application status through the relevant application portal or communication channel.
- 11Await the assessment outcome and further instructions.
Application tips
Grant details are sourced from official public databases and reviewed weekly. Eligibility criteria, funding amounts, and deadlines may change without notice. Always confirm details on the Government website before applying.
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