The Start Up Loans Company (British Business Bank)

• Start Up Loans (British Business Bank)

  • Interest rate of fixed 6% per annum
  • Receive business mentoring and support after drawing down your loan
  • No application fees or early repayment fees

  • Minimum Turnover
    No minimum
  • Available Amounts
    £500 to £25,000
  • Available Terms
    1 year to 5 years

  Company details

  • Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
  • Start Up Loans have helped over 40,000 businesses get started in the UK
  • Free application support
  • Free post-loan business mentoring

  Eligibility criteria

  • Business is based in the UK
  • Trading for under 24 months
  • 18 years and over

  See Deal More info

Compare similar products from other providers

• Broker

  EJ Finance

  • Application-to-offer within 24 hours
  • To be contacted within 3 minutes of applying
  • Access to over 200+ lenders, covering all sectors

  • Minimum Turnover
    £50,000 p.a.
  • Available Amounts
    £10,000 to £10,000,000
  • Available Terms
    1 months to 10 years

  Company details

  • Application-to-offer within 24 hours
  • To be contacted within 3 minutes of applying
  • Access to over 200+ lenders, covering all sectors

  Eligibility criteria

  • Application-to-offer within 24 hours
  • To be contacted within 3 minutes of applying
  • Access to over 200+ lenders, covering all sectors

  See Deal
• Peer To Peer

  Funding Circle

  • Funding Circle currently only offers CBILS and BBLS loans

  • Borrow £50,001 to £500,000 with the Government's CBIL scheme
  • Nothing to pay until 2022 - No upfront fees - No early settlement fees
  • Simple online application & decisions in as little as 5 hours
  • Rates between 1.8% and 7.4% APR

  • Minimum Turnover
    £200,000+ p.a.
  • Available Amounts
    £50,001 to £500,000
  • Available Terms
    2 to 5 years

  Company details

  • Funding Circle, supporting small businesses for over 10 years
  • Used by over 57,000 UK businesses
  • All Funding Circle do is small business, as a result 9 out of 10 of their businesses would come back first next time

  Eligibility criteria

  • UK-based business - 3 years of trading history - Adversely affected by coronavirus
  • Loan primarily for trading in the UK
  • Annual turnover from £200K+ up to £45 million - Over 50% of turnover from trading activity (e.g. not from investments)

  See Deal
• Broker

  Swoop Funding

  • Simple, secure and speedy access to over 1,000 funding providers without affecting your credit rating
  • Experts in CBILS – borrow from £50k to £250k with no personal guarantee, no fees, no repayment for 12 months, no early settlement fee
  • Speak to Swoop's team of experts – five-star Trustpilot rated

  • Minimum Turnover
    £50,000 p.a.
  • Available Amounts
    £1,000 to £10,000,000
  • Available Terms
    3 months to 6 years

  Company details

  Eligibility criteria

  See Deal
• Broker

  Fluidly

  • Your business must be trading for 12 months or more to apply with us

  • Instantly see funding products your business is eligible for, from across the market (no credit checks)
  • A dedicated 5-star rated Funding Specialist on hand to support your application end-to-end (no hidden fees)
  • Range of products available including CBILS, unsecured loans and asset financing

  • Minimum Turnover
    £100,000 p.a.
  • Available Amounts
    £50,000 to £10,000,000
  • Available Terms
    1 to 10 years

  Company details

  • Hassle free funding options within 30 seconds
  • Team of 5-star rated Funding Specialists are on hand to support your application
  • A range of products available including CBILS, unsecured and asset financing

  Eligibility criteria

  • Hassle free funding options within 30 seconds
  • Team of 5-star rated Funding Specialists are on hand to support your application
  • A range of products available including CBILS, unsecured and asset financing

  See Deal
• Fleximize

  • Voted "Best Business Finance Provider" at the British Bank Awards 2020
  • Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
  • Interest charged on a reducing balance, repay early and only pay for the time you had the loan
  • Rates from 0.9% per month (10.8% per annum), with no additional fees

  • Minimum Turnover
    £60,000 p.a.
  • Available Amounts
    £5,000 to £500,000
  • Available Terms
    3 months to 4 years

  Company details

  • Voted "Best Business Finance Provider" at the British Bank Awards 2020
  • Industry-leading flexibility - top-ups, repayment holidays, no hidden fees
  • Interest charged on a reducing balance, repay early and only pay for the time you had the loan
  • Apply online in minutes, receive funds in as little as 24 hours.

  Eligibility criteria

  • Minimum annual turnover of £60,000 p.a.
  • Borrow between £5,000 and £500,000
  • Business activities must be UK-based and impacted by Covid-19

  See Deal
• Broker

  Funding Xchange

  • Funding Xchange’s free service matches your eligibility against over 50 lenders in seconds
  • Complete your application online in as little as 3 minutes and you could get funded in a few hours
  • It's simple, safe and free and the search won’t affect your credit rating

  • Minimum Turnover
    £100,000 p.a.
  • Available Amounts
    £1,000 to £500,000
  • Available Terms
    3 months to 5 years

  Company details

  Eligibility criteria

  See Deal
• Broker

  Portman Asset Finance

  • Business finance broker with specialist sector experience to offer fast and flexible finance solutions
  • Access over 40 leading UK business finance providers
  • Dedicated CBILS specialist account managers

  • Minimum Turnover
    £150,000+ p.a.
  • Available Amounts
    £10,000 to £10,000,000
  • Available Terms
    Up to 5 years

  Company details

  • Business finance broker with specialist sector experience to offer fast and flexible finance solutions
  • Access over 40 leading UK business finance providers
  • Dedicated CBILS specialist account managers

  Eligibility criteria

  • Business finance broker with specialist sector experience to offer fast and flexible finance solutions
  • Access over 40 leading UK business finance providers
  • Dedicated CBILS specialist account managers

  See Deal
• Selina Finance Business Loans

  • Your loan must be secured against a residential property

  • Specialist digital lender offering secured business loans and flexible credit lines
  • Apply online and get a personalised loan offer in just 15 minutes
  • Secured loans with no fees or early repayment charges

  • Minimum Turnover
    £30,000 p.a.
  • Available Amounts
    £25,000 to £1,000,000
  • Available Terms
    6 months to 30 years

  Company details

  • Specialist digital lender offering secured business loans and flexible credit lines
  • Apply online and get a personalised loan offer in just 15 minutes
  • No fees or early repayment charges

  Eligibility criteria

  • Secured property must be residential and have an active mortgage
  • Residential property must have a value of more than £50,000
  • Homeowner must be based in England, Wales, Scotland or Northern Ireland

  See Deal
• Nucleus

  • Fast service - receive your funding in 24 hours
  • Unsecured and secured business loans
  • 7 products tailored to your business

  • Minimum Turnover
    £60,000 p.a.
  • Available Amounts
    £3,000 to £50,000,000
  • Available Terms
    3 months to 8 years

  Company details

  • Fast service - receive your funding in 24 hours
  • Unsecured and secured business loans
  • 7 products tailored to your business

  Eligibility criteria

  • Fast service - receive your funding in 24 hours
  • Unsecured and secured business loans
  • 7 products tailored to your business

  See Deal
• 365 Business Finance

  • Your business must process credit and debit card transactions to apply for this product

  • A flexible business funding alternative
  • Cash advanced against card transactions
  • Pay back an affordable % of your card transactions

  • Minimum Turnover
    £5,000+ card transactions per month
  • Available Amounts
    £5,000 to £200,000
  • Available Terms
    4 to 18 months

  Company details

  • Get between £5,000 and £200,000
  • Pay back through your customer card transactions
  • A single all inclusive charge that never changes
  • No interest, APRs or hidden extras

  Eligibility criteria

  • Your business must have been trading for at least 6 months
  • Your business must accept debit and credit card payments
  • Your business must take at least £5,000 per month in card transactions.

  See Deal

Award-winning comparisons you can trust

It's always nice to know you're on the right track. Over the years, as we have striven to improve the services we provide to our clients and users, we have been pleased to receive recognition for our efforts from both industry and consumer bodies.

See all business loans providers