New business owners often approach friends, family or their bank for funding to get started. For many, this is not a viable option, so the government-backed Start-Up loans were established.
With a fixed interest rate of 6% and the ability to borrow between £500 and £25,000, Start-Up Loans offer an affordable source of finance to help new and early-stage business owners get their business to market. The loans also offer up to 12 months mentoring.
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