Start up Loans
Affordable finance designed to help new businesses get off the ground and grow with confidence.
What are Start-Up Loans?
Start-Up Loans provide funding for new or early-stage businesses that may not yet have access to traditional lending. They can be used to cover initial expenses such as equipment, stock, marketing, or working capital.
Benefits:
- Access to funding: Tailored for new businesses without a trading history.
- Flexible use: Invest in stock, staff, premises, or marketing.
- Boost credibility: Helps establish your business with suppliers and clients.
- Support growth: Provides the capital needed to scale in the early years.
Why They Matter
Launching a business requires investment, but many start-ups struggle to secure finance through conventional routes. Start-Up Loans bridge this gap, giving entrepreneurs the capital needed to turn ideas into reality.
Key Considerations
- Costs: Interest rates and repayment terms vary depending on the lender.
- Eligibility: Often based on a business plan and projected cash flow rather than trading history.
- Personal guarantees: In some cases, lenders may request a director’s guarantee.