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The Start Up Loans Programme

    What is it?

    A Government funded scheme to provide advice, loans and mentoring to start-up businesses and businesses that have been trading for under 24 months.

    Eligibility

    If you are aged 18+ years and are a UK resident for the duration of the loan then you may be eligible to apply.

    Eligible applicants will be assigned a 'Delivery Partner' who through a business advisor will provide help in preparing a business plan and cash flow forecast.  The business plan will then be considered.

    Loans are personal loans given for business purposes.  An average loan size is around £6,000, however amounts borrowed can be up to £25,000.  Loans are set at an interest rate of 6% per annum for anything between 1 and 5 years.

    For further information visit the Start Up website Start Up Loans website.  

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