From the 6th April 2026 the .Start Up Loans fixed interest rate for new applications is changing to 7.5%. Eligibility criteria for a first Start Up Loan is being extended to businesses that have been trading for up to 60 months.

What do CDFIs like BEF do?

Find out in this short animation.

Shaun Connell Marketing Executive
10th April 2025

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CDFIs - Community Development Finance Institutions - such as BEF are the UK financial system's best kept secret. They provide credit and financial services to underserved markets and people.

Here at BEF we help businesses across the North to start, grow and flourish. We often provide finance and support to businesses that have no access to high street lending.

But there's more. Find out in this short animation and view our information pages to learn more about our Start Up Loans and Small Business Loans.