https://www.gov.uk/apply-start-up-loan
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Apply for a Start Up Loan for your business
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Apply for a government-backed Start Up Loan of £500 to £25,000 to start or grow your business.
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Unlike a business loan, this is an unsecured personal loan.
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You’ll get free support and guidance to help write your business plan, and successful applicants get up to 12 months of free mentoring.
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Start now on the Start Up Loans website
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Before you start
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To apply for the loan all of the following must apply:
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you live in the UK
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you’re 18 or over
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you have (or plan to start) a UK-based business that’s been fully trading for less than 24 months
Fees and repayment
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Start Up Loans are government-backed and charge a fixed interest rate of 6% per year.
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You can repay the loan over a period of 1 to 5 years. There’s no application fee and no early repayment fee.
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