Start Up Loans

Launching a start-up can be an exhilarating journey filled with numerous opportunities and challenges. One of the most critical aspects of starting a new business is securing the necessary funding. A start-up loan can be an excellent financial tool to help you turn your entrepreneurial dreams into reality.  

You can borrow up to £25,000 at a fixed interest rate of 6% per annum. 

The loan can be repaid over up to 5 years.

There are no fees for arranging the facility. 

The scheme is managed through British Business Bank via its local enterprise hubs who can provide you with support writing your business plan and a range of other business templates. 

To qualify for a start up loan you need to meet the following criteria:

over 18 years old

current UK resident

been trading less than 3 years

be a UK based business

your reason for the loan must be legitimate

credit and affordability checks will be completed 

Choosing a start-up loan can offer several advantages for budding entrepreneurs:

Access to Capital: A start-up loan provides immediate access to funds that are crucial for launching a business. This financial support can help you cover all the initial costs without depleting personal savings.

Building Business Credit: By responsibly managing a start-up loan, entrepreneurs can begin building a solid credit history for their business. This can be beneficial for securing additional financing in the future.

Flexible Financing Options: Many lenders offer a range of loan products tailored to meet the specific needs of start-up's, providing flexibility in terms of loan amounts and repayment schedules.

Preserve Ownership: Unlike seeking venture capital or angel investors, taking out a loan allows you to retain full control and ownership of your business.

If you'd like to speak to us about this funding option then you can email us on contact@femalefounder.finance or use our contact form here 

Or you can start your application here

Female entrepreneurs often face unique challenges when it comes to securing business funding. Start-up loans can offer specific advantages for women-led businesses:

Empowerment and Independence: Access to start-up loans can empower women entrepreneurs by providing the financial independence needed to pursue their business goals without relying on external investors.

Equal Opportunity: Many financial institutions offer special loan programs and incentives designed to support female entrepreneurs, recognizing the need to bridge the gender gap in business financing.

Networking and Support: Some lenders provide additional support services, such as mentorship and networking opportunities, specifically geared towards women-led start-ups. These resources can be invaluable in navigating the business landscape.

Encouraging Diversity: Female-led businesses contribute to diversity in the marketplace, fostering innovation and providing unique perspectives that benefit the broader economy.

If you're looking to make the first jump into a sustainable finance facility, or you need to replace your existing provider with a more cost effective or improved facility, then let us help you. 

Contact Us: Reach out to our team for a consultation and learn more about how a start- up loan can benefit your business.

Assess Your Needs: We'll work with you to understand your financial goals and create a customized plan.

Unlock Your Cash Flow: Once your plan is in place, you can quickly access funds. 

We believe in the power of women in business and are committed to helping you achieve your dreams.  We are here to help you every step of the way, ensuring you have the resources and support you need to achieve your business goals.