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Start Up Loans

 

 

What are Start Up Loans?

Startup loans (also known as small business financing) help an aspiring or current business owner to get money to start a new small business, purchase an existing small business or bring money into an existing small business to finance current or future business activity. 

Starting a company can be a difficult process to navigate through and thats where Fundsurfer come in.

Fundsurfer are able to provide access to 25K start up loans along with mentor support. You’ll have a delivery partner (assigned by the Start Up Loans Company) who will help you develop a business plan. This will be assessed and funding decided by the Start Up Loans Company. You’ll get a low-cost unsecured loan, business mentoring and a range of business support products if your plan is approved. You must pay the loan back within 5 years, and you will pay a fixed rate of interest. Capital repayment holidays are available, but you must pay interest each month.

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Start Up Loans, a subsidiary of the British Business Bank, is a government-backed scheme designed to support businesses who struggle to access other forms of finance. They work with a national network of delivery partners who help applicants prepare a business plan and cash flow forecast, and provide ongoing mentoring.

Whether you’re taking the first steps or have been trading for a while and looking to grow, a Start Up Loan can help you achieve your business goals with:

  • A loan of up to £25,000, at fixed 6% interest p.a.
  • Free mentoring
  • Exclusive business offers to help your start up
  • Support with your business plan and cash flow forecast