A brief search on Google will reveal a vast plethora of ads and advice for start up loans for new businesses and concerns that have been trading for less than 2 years. There are so many in fact that it seems a) remarkable that the take up on these funding sources is so small and b) almost impossible to know where you start. The old adage of ‘not being able to see the wood for the trees’ is definitely applicable.

Small Business.co.uk, for example published ‘150 Small Business Grants to Apply For Right Now’ in July of this year. This really is an excellent article, detailing as it does grants as diverse as The Prince’s Trust Enterprise Programme (working with 18-30 years olds in business), Fit For Nuclear (for companies working in the nuclear supply chain) and even Agri-Tech Cornwall (pretty self-explanatory).

Fabulous stuff. However, and it is a big however, sourcing these loans on your own and applying via endless reams of paperwork (virtual or otherwise) is extraordinarily time consuming. And very little can be more frustrating that having the whole lot thrown back at you for failing to cross the correct ‘ts’.

Having a broker to do this for you is advantageous for many reasons. Their experience will direct them towards the correct type of grant or loan for you, the will be able to source the most beneficial re-payment plan, they will also be able to fill out any applications quickly and considerably quicker than you could on your own. As we say here at SME funding – you are the expert of your OWN business, you can’t be expected to be an expert in ours, too.

We work with ‘Start-Up Loans’ who offer loans for businesses less than 2 years old. These loans are government supported via the British Business Bank and each director/shareholder can apply for up to £25k.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
• Fixed 6% interest p.a.
• No application or set up fees
• Free mentoring for 12 months
• Free business planning templates
• Up to 50% discount on business products from O2, Experian, Santander and 30+ more

Free mentoring and help with the application is also available for clients with a clean credit history! So if you’d like more information please contact us using the details below.

Contact us today

Let us reduce the risk and save you time and money sourcing funding for your business!

SME funding UK Ltd is Authorised and Regulated by the Financial Conduct Authority – FRN: 772970

We are a Member of the National Association of Finance Brokers (M/0122/16)

We are also registered with the Information Commissioner’s Office (ZA209808)

Please note SME funding UK Ltd are brokers and not a direct lender.