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Why not get a head start with a start-up loan? POSTED: 08 January 2013.
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What is a start-up loan? Start-Up Loans provide budding entrepreneurs between the ages of 18-30 with a range of support. This support includes access to a business mentor and capital, in the region of £2,500, to assist with getting their business idea moving and progressing.    Start-Up Loans have a fixed interest rate of 6% and a term of up to 5 years. Beyond that all that is asked is that your business is registered in England and you fit the criteria below.   Who should apply for a start-up loan? Anyone aged between 18-30 with a passion, drive and determination to start-up their business. It doesn't matter if you don't have the money to do it alone, as long as you have ideas with potential and the drive, your mentor will work alongside you to help you put a business plan together and get you in shape to be accepted for the loan.   Perhaps you are already trading? If this is the case, a start-up loan also applies to you. You don't have to be a newbie, start-up loans can help current traders too.    When can I apply? You can register now to apply for a loan. When the loans become ..  Read more »