follow us on twitter @elitebizmag find us on facebook connect with us on linkedin 

British Business Bank

Start Up Loans, part of the British Business Bank

The primary aim of the Start Up Loans programme is to ensure that viable start-ups and early-stage businesses have access to the finance and support they need to thrive. We have a network of Delivery Partner organisations to support applicants in all regions and industries throughout the UK. 

You can find free guides on a range of subjects related to starting a business on the Start Up Loans website: https://www.startuploans.co.uk/free-start-up-guides/

Start Up Loans - impact

  • Since 2012, the Start Up Loans programme has delivered more than 89,000 loans, providing more than £800m of funding.
  • In the financial year 2020/21, the programme provided 11,408 loans with a total value of approximately £137.2m.
  • Since 2012, 30% of loans went to people formerly unemployed or economically inactive. 40% went to women and 20% of our loan recipients are went to Asian people, Black people, or people from other ethnic minorities (excluding White minorities)
  • The economic benefits of the Start Up Loans programme are almost six (5.7) times its economic costs.
  • At Spending Review 2021, the Chancellor announced resources to provide 33,000 Start Up Loans over next three years.

The Start-Up Loans Company, part of the British Business Bank, was formed in June 2012. The Start Up Loans programme provides personal loans for business purposes of up to £25,000 at a 6% fixed interest rate per annum and offers free dedicated mentoring for 12 months and support to each business.  

For further information about Start Up Loans, please visit: https://www.startuploans.co.uk/ 

Contact

  • E-Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Our Partners

Event Media Partners