The Start-Up Loans programme is funded by the Department for Business, Energy and Industrial Strategy (BEIS) and is delivered by The Start Up Loans Company (SULCo), a subsidiary of the British Business Bank. It aims to encourage entrepreneurship in the UK, increase the rate of business creation and improve survival prospects.

The programme supports individuals who are starting a new business or who have been trading for less than two years.

  • Borrow up to £25,000
  • Fixed interest rate of 6% per annum (per year)
  • Repay over a term of 1–5 years
  • 12 months of free mentoring
  • Government-backed