Start Up Loan
Many high street banks are ultra-cautious when lending to start up business or charge prohibitively high interest rates for a Start up Loan.
We work with finance providers who take a more open view with start-up and new businesses under two years old.
As well as traditional and specialist lenders, we have great relationships with local Business Development Units, Local LEPs across Yorkshire and Lincolnshire and local authority backed specialist teams who offer support to new businesses. We can help you source the most suitable solution for your new businesses without the track record high street banks desire, whether this is a business loan, grant funding or another solution to help fund your business.
We also work closely with the Start Up Loans Company which is a UK Government backed scheme offering finance, support and mentoring to start-up businesses and businesses in early stage growth.
Whilst some lenders can charge over 20% per annum for start up businesses we can source Start up Loans from as little as 6% per annum for loans up to £25,000.
For more information on how we can help you apply for you Start up Loan please contact one of the team.