Here is how a Start Up Loan aligns with what you told us.

A Start Up Loan is a government backed personal loan designed to help you start and grow your business with confidence. It is unsecured, so you do not need to provide assets or a guarantor.

Based on your answers, here is how it fits your business:

• Business stage: New or trading for less than five years
• Annual turnover: Not a limiting factor
• Sectors: Most sectors supported
• Regions: All
• Purpose of finance: Starting or growing an early stage business
• Amount available: £500 to £25,000 per owner, up to £100,000 per business
• Duration of finance: 1 to 5 years
• Cost of finance: Fixed interest rate of 7.5% per year
• Delivery time: 4 to 6 weeks. If you need support along the way, we will guide you through each step so you can move forward with confidence.