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Am I eligible?

We do our best to make it easy for people to kick-start their enterprises…

 

To be eligible you must…

  • have a sound business proposal

  • have a businesses ready to launch or been trading for up to 24 months

  • believe you are likely to be refused a bank loan

  • not currently subject to a bankruptcy order or an IVA (Individual Voluntary Arrangement) or a DRO (Debt Relief Order)

  • have experienced credit issues in the past, but willing to declare these in full when you complete your loan application

You must also…

  • reside in the UK

  • have the right to live and work in the UK

  • be aged 18 years and over at time of application

  • not already have received a loan under the Start Up Loan Scheme

  • have a business type and purpose for loan that is eligible under the terms of the scheme

  • Pass our credit checks and show that you can afford to repay the loan


Unsure if you’re eligible?