The Start Up Loans Company
Compare The Start Up Loans Company
-
![The Start Up Loans Company logo]()
The Start Up Loans Company
- Interest rate of fixed 6% per annum
- Receive business mentoring and support after drawing down your loan
- No application fees or early repayment fees
-
Minimum Turnover
No minimum
-
Available Amounts
£500 to £25,000
-
Available Terms
1 year to 5 years
Company details
- Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
- Start Up Loans have helped over 40,000 businesses get started in the UK
- Free application support
- Free post-loan business mentoring
Eligibility criteria
- Business is based in the UK
- Trading for under 24 months
- 18 years and over
Compare similar products from other providers
-
![Funding Circle logo]()
Peer To PeerFunding Circle
- Simple online form and a dedicated account manager
- Get a decision in as little as 5 hours
- Rates from 1.9% per year - no fees for full early repayment
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£10,000 to £1,000,000
-
Available Terms
6 months to 5 years
Company details
- Simple online form and a dedicated account manager
- Get a decision in as little as 5 hours
- Rates from 1.9% per year - no fees for full early repayment
Eligibility criteria
- Simple online form and a dedicated account manager
- Get a decision in as little as 5 hours
- Rates from 1.9% per year - no fees for full early repayment
-
![THINK Business Loans logo]()
BrokerTHINK Business Loans
- THINK's funding platform matches your businesses eligibility against hundreds of lenders instantly (without a credit check)
- THINK are the UK's leading business lending specialists; their experts are on hand to guide you through the process
- Find the perfect loan in minutes - Make the lender work for you
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£25,000 to £10,000,000
-
Available Terms
1 month to 30 years
Company details
Eligibility criteria
-
![iwoca logo]()
iwoca
- No hidden fees or long term commitments
- Apply online in minutes
- Approval within 48 hours, in some cases instantly
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£1,000 to £200,000
-
Available Terms
up to 12 months
Company details
Eligibility criteria
-
![Liberis logo]()
Liberis
- Competitive pricing tailored to your business
- Approval in as little as 5 mins, and funds can be yours within hours
- 9 out of 10 customers would recommend Liberis
-
Minimum Turnover
£2,500+ card transactions per month
-
Available Amounts
£2,500 to £300,000
-
Available Terms
4 to 12 months
Company details
- Approval in as little as 5 mins, and funds can be yours within hours!
- Competitive pricing tailored to your business. No APR or hidden fees.
- 9 out of 10 customers would recommend Liberis
Eligibility criteria
- Trading for 4+ months
- Average £625+ a week in card payments
-
![Esme Business Loans logo]()
Esme Business Loans
- Simple, fast & fair business loans from Esme Loans
- Hassle-free, paperless application takes just 10 minutes
- Funds are sent within the hour if approved and you can receive faster payments
-
Minimum Turnover
£15,000 p.a.
-
Available Amounts
£10,000 to £250,000
-
Available Terms
1 to 5 years
Company details
- Simple, fast & fair business loans from Esme Loans
- Hassle-free, paperless application takes just 10 minutes
- Funds are sent within the hour if approved and you can receive faster payments
Eligibility criteria
- Limited Companies Only. Applicants must be a Director of the Business, over 18 and be able to provide a personal guarantee.
- Must be actively trading for at least 18 months with a current turnover of at least £15,000.
-
![Selina Finance Business Loans logo]()
Selina Finance Business Loans
- Specialist digital lender offering secured business loans and flexible credit lines
- Apply online and get a personalised loan offer in just 15 minutes
- Secured loans with no fees or early repayment charges
-
Minimum Turnover
£50,000 p.a.
-
Available Amounts
£25,000 to £400,000
-
Available Terms
6 months to 5 years
Company details
- Specialist digital lender offering secured business loans and flexible credit lines
- Apply online and get a personalised loan offer in just 15 minutes
- No fees or early repayment charges
Eligibility criteria
- Secured property must be residential and have an active mortgage
- Residential property must have a value of more than £50,000
- Homeowner must be based in England, Wales, Scotland or Northern Ireland
-
![365 Business Finance logo]()
365 Business Finance
- A flexible business funding alternative
- Cash advanced against card transactions
- Pay back an affordable % of your card transactions
-
Minimum Turnover
£5,000+ card transactions per month
-
Available Amounts
£5,000 to £200,000
-
Available Terms
4 to 18 months
Company details
- Get between £5,000 and £200,000
- Pay back through your customer card transactions
- A single all inclusive charge that never changes
- No interest, APRs or hidden extras
Eligibility criteria
- Your business must have been trading for at least 6 months
- Your business must accept debit and credit card payments
- Your business must take at least £5,000 per month in card transactions.
-
![Yorkshire Bank logo]()
Yorkshire Bank
- Apply online in just 10 minutes
- Get a fast decision and funds available within days
- Rates from as low as 3.5% - and no arrangement fees
-
Minimum Turnover
No minimum
-
Available Amounts
£10,000 to £150,000
-
Available Terms
1 to 5 years
Company details
- Apply online in just 10 minutes
- Get a fast decision and funds available within days
- Rates from as low as 3.5% - and no arrangement fees
Eligibility criteria
- Lending is subject to status and eligibility
- Security may be required
-
![Lombard Business Loans logo]()
Lombard Business Loans
- Lombard is one of the UK's oldest and largest asset finance partner
- They help thousands of businesses invest in their future every day
- Lombard have won Best Leasing and Asset Finance Provider at the Business Moneyfacts Awards every year from 2009 to 2018
-
Minimum Turnover
No minimum
-
Available Amounts
£6,320 to £150,000
-
Available Terms
1 to 7 years
Company details
- Lombard is one of the UK's oldest and largest asset finance partner
- They help thousands of businesses invest in their future every day
- Lombard have won Best Leasing and Asset Finance Provider at the Business Moneyfacts Awards every year from 2009 to 2018
Eligibility criteria
-
![Capital on Tap logo]()
Capital on Tap
- Capital on Tap are a Revolving Credit Facility you can utilise through either a credit card, a loan or both
- Credit limits up to £50,000 with no monthly or annual fees
- 0% Interest on all card purchases, when balance cleared in full each month
-
Minimum Turnover
£24,000 p.a.
-
Available Amounts
£1,000 to £50,000
-
Available Terms
1 month to 2 years
Company details
- Capital on Tap specialises in supporting the UK's SMEs and Self Employed Merchants with credit through their card and loan facilities.
- Within 1 minute of application they can offer Credit limits of up to £50,000 with rates as low as 9.9%.
- Since 2012, Capital on tap has provided more than £1billion to over 60,000 UK businesses.
Eligibility criteria
- Limited Companies, Sole Traders, Partnerships and Limited Liability Partnerships all welcome to apply
- No Outsanding CCJs
- Minimum 12 months Trading History
-
![Together logo]()
Together
- Lending for over 40 years
- Award winning specialist lender
- Offering short-term finance, auction finance, personal, commercial and buy-to-let mortgages
-
Minimum Turnover
No minimum
-
Available Amounts
£25,000 to £5,000,000
-
Available Terms
6 months to 30 years
Company details
- Lending for over 40 years
- Award-winning specialist lender
- Fast, flexible short-term finance, auction finance, and personal, commercial and buy-to-let mortgages
Eligibility criteria
-
![Nucleus logo]()
Nucleus
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
-
Minimum Turnover
£5,000
-
Available Amounts
£3,000 to £50,000,000
-
Available Terms
3 months to 8 years
Company details
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
Eligibility criteria
- Fast service - receive your funding in 24 hours
- Unsecured and secured business loans
- 7 products tailored to your business
-
![NatWest logo]()
NatWest
- NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
- If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
- Eligibility criteria apply for all funds and schemes
-
Minimum Turnover
No minimum
-
Available Amounts
£1,000 to £10,000,000
-
Available Terms
1 to 25 years
Company details
- NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
- If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
- Eligibility criteria apply for all funds and schemes
Eligibility criteria
- NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
- If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
- Eligibility criteria apply for all funds and schemes
-
![Fleximize logo]()
Fleximize
- Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
- Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
- Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day
-
Minimum Turnover
£60,000 p.a.
-
Available Amounts
£5,000 to £500,000
-
Available Terms
1 month to 4 years
Company details
- Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
- Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
- Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day
Eligibility criteria
-
![Ferratum Business logo]()
Ferratum Business
- Free and no obligation application process, competitive rates
- Complete the application form in 5 minutes, loan disbursed within one day of completed application
- Decisions based on cash flow, not credit scores
-
Minimum Turnover
£75,000 p.a.
-
Available Amounts
£2,000 to £50,000
-
Available Terms
6 to 18 months
Company details
- Free and no obligation application process, competitive rates
- Complete the application form in 5 minutes, loan disbursed within one day of completed application
- Decisions based on cash flow, not credit scores
Eligibility criteria
- Sole traders, partnerships and limited companies all welcome to apply.
- Your company must have been trading for 2+ years.
- Business owners must be UK based.
- You must have a dedicated business bank account.
- Business must have a physical presence.
-
![Royal Bank of Scotland Business Loans logo]()
Royal Bank of Scotland Business Loans
- Royal Bank of Scotland provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
- If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
- Eligibility criteria apply for all funds and schemes
-
Minimum Turnover
No minimum
-
Available Amounts
£1,000 to £10,000,000
-
Available Terms
1 to 25 years
Company details
- Royal Bank of Scotland provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
- If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
- Eligibility criteria apply for all funds and schemes
Eligibility criteria
- Royal Bank of Scotland provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
- If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
- Eligibility criteria apply for all funds and schemes
-
![Spotcap logo]()
Spotcap
- Fully unsecured business loan - no personal guarantee needed
- Apply online in 15 mins, decision in one working day
- No withdrawal fee. No early repayment fee
-
Minimum Turnover
£500,000 p.a.
-
Available Amounts
£50,000 to £350,000
-
Available Terms
1 month to 2 years
Company details
Eligibility criteria
Also for Business...
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.
Award-winning comparisons you can trust
It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.
Start Up Loans Company FAQ
Who is Start Up Loans?
The Start Up Loans Company was established in September 2012 and offers new and early stage UK businesses access to finance products and mentoring support. A subsidiary of the British Business Bank, the Start Up Loans Company delivers the Government’s Start Up Loans programme to provide finance and support for businesses that struggle to access other forms of finance.
What services and products does Start Up Loans offer?
Start Up Loans offers a range of loans for borrowers as well as help for applicants to prepare their business plan and cash flow forecasts.
What is a loan from the Start Up Loans Company?
A loan from the Start Up Loan Company is not a grant. It is a loan that must be repaid in full over an agreed term.
What type of finance is provided under the Start Up Loans scheme?
Finance is provided as a personal loan that is regulated under the Consumer Credit Act 1974. All loans are therefore taken out in the name of an individual rather than a company or venture. The loan is repayable on a monthly basis for the duration of the term of the loan.
Is a loan from Start Up Loans a personal loan or a business loan?
Start Up Loans are structured as personal loans rather than business loans. By making individuals accountable for their loan repayments the individual rather than the business is held accountable to the agreement terms.
What documents are required during the application process?
All individuals are required to submit a business plan, cash flow forecast and personal ‘survival budget’ as part of their application.
How much can I borrow with a loan from Start Up Loans?
This varies depending on a variety of factors, such as your credit record and financial outgoings. Several business partners may be able to each make their own application, increasing the total amount borrowed for one business.
What are the available loan terms and interest rates?
Loan terms and rates vary depending on affordability and preference, as well as other criteria.
How do I apply for a Start Up Loans loan?
To apply for a Start Up Loans loan, use the links above to navigate to the company’s website. You will then be able to register for a loan by filling in an eligibility test. After you fill in the relevant fields in the online questionnaire your details will be placed on the company’s system and you will receive feedback from them once everything has been processed.
