Wattsford Commercial Finance works with national delivery partners of the Start Up Loans Company, a government-backed scheme to encourage new entrepreneurs.
We provide low-interest Start Up Loans to businesses and individuals across the UK. Each director or partner can borrow up to £25,000 and you have up to five years to repay the money with no early redemption charges after the first year.
Start-up business loans are for people who either want to set up a new business or already have a business that has been trading for less than 2 years. For many businesses trading for less than 2 years it can be difficult to access finance, as commercial finance brokers we are often able to help clients secure larger sums of money and provide access to Angel Investors where appropriate.
We will guide you through the start-up loan application process, making it as quick and easy as possible so the money is in your bank account when you need it. We’ll also provide advice on creating a business plan and cash flow forecast.
- £500 to £25,000 Finance Available
- Access to Top Up Funds
- 6% P.A. Fixed Interest Rate
- £7,000 Average Loan Size
- For Pre-Start Businesses
- For Businesses Trading 0 to 24 Months
- 1 to 5 Year Loan Term
- No Application Fee or Early Redemption Fees
- For UK Based Businesses
- Government Backed