Most entrepreneurs don’t actually need huge amounts of capital to get their idea off the ground or to fund the catalyst that will take their businesses to the next level.
Whether you need to invest in a website, stock, research, marketing or equipment, a business loan of £5,000 or less could give you just the lift you need.
Many people that dream of starting their own business often never take that first step because of the fear that it will cost them a fortune to get started, when actually it could just take a small amount of start-up capital. Julie Deane, founder of bagmaker The Cambridge Satchel Company, famously began her business with just £600.
If you’re starting or growing your business with personal savings and overdrafts, then our new, fast-track small business loan application could give you a cash injection that will help you to launch or grow your business.
Our fast-track process for loan applications of £5,000 and under
If your maximum borrowing requirement is £5,000, then we can now fast-track your application to ensure you receive the funds as quickly as possible.
We use a faster eligibility checking process and a ‘lighter’ business plan, which will reduce the overall application time by about 50%.
"The team were very efficient with their communication. I was kept informed at each stage via email and phone call which was useful. There was help available for business planning and financial forecasting too." - Kate, Behavioural Therapist and Start-Up Loan Recipient
In order to be eligible for the scheme, you need to be over 18 years old, living in the UK and you must have a business idea or an existing business that is less than two years old.
If you think a start-up loan of less than £5,000 would be the perfect solution for your business, then you can start your fast-track application by clicking here.