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Compare Start Up Loans business loans

Think Business Loans search over 200 lenders to find you the best funding options for your business.

  • Check your eligibility in minutes (without a credit check)
  • Our matching software, iFunds, will match you against our panel
  • One of our experts will call to discuss your options
  • Receive your funds and grow your business

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Choose business rates from

Asset Finance from

2.38%

Bridging Loans from

0.49% per month

Commercial Mortgagesfrom

1.87%

Unsecured Business Loans from

1.80%

Working Capitalfrom

0.40% per month

Choose start-up commercial funding

Start-up loans is a government-backed personal loan available to business owners looking to grow a business in the UK. Start-up companies are able to provide business loans up to £25,000 per business, with a fixed rate of 6% p.a. and a 1-5-year repayment term.

Start-up business loans are not available for all industries. Any property used as security maybe repossessed if you do not keep up repayments on your loan. For more information, visit Start-up loans’ official website.

Key features of a Start-up business loan

Start-up business loans provide commercial funding to SMEs in the form of cash advances or fixed term loans. A start-up business loan provides SME’s with

  • Fixed terms of one to five years
  • Unsecured business loans between £500 and £25,000 with a fixed interest rate of 6%*
  • No application costs or early repayment fees
  • Ability to apply for a second loan, if you already have a secured loan and have been trading for no more than 2 years.
Unsecured Term
£25,000 - £100,000
8.89%
6mths - 5yrs
Unsecured Term
£10,000 - £250,000
8.73%
6mths - 5yrs
Working Capital Loan
£10,000 - £500,000
42.20%
1mths - 2yrs
Unsecured Term
£5,000 - £250,000
9.60%
6mths - 5yrs
Invoice Finance
£10,000 - £10m
-
Rolling
Property Loan
£250,000 - £10m
1.82%
5yrs - 30yrs
Working Capital Loan
£5,000 - £250,000
49%
1mth - 1yr
Merchant Cash Advance
£3,500 - £500,000
-
-
Property Loan
£250,000 - £10m
1.42%
5yrs - 30yrs
Merchant Cash Advance
£3,500 - £500,000
-
-
Unsecured Term
£10,000 - £500,000
8.73%
6mths - 5yrs
Asset Finance
£5,000 - £10m
4.58%
6mths - 7yrs
Term Loan
£5,000 - £25,000
6%
6mths - 5yrs

About Start-up loans

Start Up Loans was established in September 2012, with the aim of helping new and early stage UK businesses obtain access affordable commercial finance and support. They currently offer loans between £500 and £25,000 with a fixed interest rate of 6% per annum.

About Start-up Business Loans

The Start Up Loans Company provide a consistent approach to supporting applicants by ensuring responsible lending decisions are made throughout all stages of the application

Start-up loans provide unsecure business loans for those looking to start or grow a business in the UK. This means business owners will not need to put forward any assets or guarantors to support an application.

Every business owner can only apply for a start-up business loan for one company. Once you have successfully secured loan with The Start Up Loans Company, you may be eligible to apply for a second loan once you have made six months of full loan repayments.

With a start-up business loan, there are no fees involved during the application process or receiving your funding. Unlike other lenders, start-up loans are personal loans that are used to start or grow your business. The money you receive can be spent on a variety of things relating to your business, including hiring staff, buying equipment or marketing and promotion.

However, please note that your business loan cannot be used to repay debt, training qualifications or investment opportunities that are not an ongoing part of your business.

Start-up loans Contact Info

The Start Up Loans Company is a company limited by guarantee; a wholly owned subsidiary of British Business Finance ltd which itself is a wholly owned subsidiary of British Business Bank plc. British Business Bank plc is a development bank wholly owned by HM Government which is not authorised or regulated by the Prudential Regulation Authority (PRA) or the Financial Conduct Authority (FCA). British Business Bank plc and its subsidiary entities are not banking institutions and do not operate as such.

To contact The Start Up Loans Company, visit their website to talk to submit an enquiry at https://www.startuploans.co.uk. You can also call them on 0344 264 2600. Lines are open Monday to Friday, 9am – 6pm.

Promotions & Offers

As of January 2020, Start-up loans do not have any promotions or offers with their commercial finance products.

How to Apply

If you’re ready to apply for a Start-up loans business loan, you’ll need to provide some information about you and your business. This will include

  • Proposal form (we are happy to use custom introducer forms if required)
  • DPA/Consent to Search Form
  • Most recent 1 month’s business bank statements
  • 12 month’s card statements (4 months if minimum trading time)

Once you have sent this over, Start-up loans will make you an offer and provide you with access to your funds in as little as 24 hours.

Frequently Asked Questions

What types of commercial funding does Start-up loans offer?

The Start-Up Loans Company provides an unsecured business loan with a fixed interest rate of just 6%. It also provides business owners with the ability to borrow between £500 and £25,000, with affordable payments to help your business grow.

How long does a Start-up loans business loan take?

The Start-Up Loans Company takes three months to assess and approve your application.

Does Start-up loans offer business loans to all industries?

Start-up loans are able to fund businesses registered in England or Scotland, such as limited companies and LLPs, sole traders and non-limited partnerships. Unfortunately, Start-up loans does not offer loans to start-ups.

Where are Start-up loans business loans available?

Start-up loans currently provide business loans in England, Northern Ireland, Scotland and Wales. Merchant Money commercial finance products are unavailable outside the UK.

Can I check my eligibility before I apply?

The Start-up Loans Company has a strict criteria when it comes to approving start-up business loans If you would like more information on your eligibility to apply, visit https://Start-up loanscommercialfinance.com

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