Start Up Loans
British Business Bank
What it funds
Personal loans of £500-£25,000 per director (up to £100,000 per business) at fixed 6% interest for businesses trading under 3 years, with free mentoring.
Who can apply
UK resident over 18 starting a business or trading for less than 36 months (some products extend to 5 years for second loans).
Key criteria
- Trading for less than 36 months
How to apply
Online application with business plan and cashflow forecast; personal credit check; mentoring attached post-drawdown.
Evidence you'll need
- Business plan
- 12-month cashflow forecast
- Personal survival budget
Last checked against the official source: 3 Jul 2026. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
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