British Business Bank Start Up Loans
Start Up Loans
Open continuously
No deadline — apply whenever you are ready.
Unsecured personal loan of up to £25,000 (average loan £10,264) at a fixed interest rate of 7.5% per year, repayable over 1-5 years. No fees for arranging the loan or for early repayment. Includes 12 months of free business mentoring for first-time recipients.
The Start Up Loans Company (British Business Bank)
public · national
Deadline: rolling — Applications accepted at any time.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
Who can apply
- Under 5 years old
- micro enterprises
- Stage: idea, pre_seed, seed
- Locally registered entity required
Available to people starting a new business or trading for less than 60 months. It is an unsecured personal loan to the individual, not a company loan, so sole traders and partnerships qualify as well as limited companies.
How to apply
- Check eligibility criteria (UK resident, business trading less than 60 months, credit check). — link
- Register and apply online. — link
- Work with a delivery partner to complete a business plan and cash flow forecast.
- If approved, receive funds and 12 months of free mentoring.
What you will need
- Business plan
- Cash flow forecast
- Personal survival budget
Source. https://www.startuploans.co.uk/ — checked 2026-08-14
"Borrow up to £25,000 - Unsecured personal loan - Fixed interest rate of 7.5% per year - Repay the loan over a term of 1-5 years - 12 months of free mentoring - Government-backed"