Start Up Business Loans Scotland

Start Up Finance Scotland…

We have helped hundreds of entrepreneurs across Scotland start up their own businesses by providing business loans, start up finance, support and mentoring.

Since first offering business loans in Scotland in 2013, we have approved over £2,000,000 of start up loans to Scottish entrepreneurs to help them realise their dream of being their own boss.

From Aberdeen to Edinburgh, or retail to recruitment, our start up finance is available across Scotland and England and our loans are open to all industries. So whatever your business idea, we’ve got you covered.

As of 2016, Scotland is the second-largest economy in the United Kingdom, the twelfth-largest economy in the 28-member European Union and the 43rd largest in the world. With no sign of this trend slowing, there remains plenty of opportunity to capitalise on Scotland’s economic growth.

Supporting Scottish Start Ups…

Transmit Start-Ups is a leading Delivery Partner for the Government’s Start Up Loans scheme with expertise and offices in Scotland and England. The Government has committed £450m to the scheme and plans to deliver 75,000 loans by 2020, which means there has never been a better time to start your own business.

Our start-up loans range from £500 to £25,000 and are eligible not only to those looking to start their own business for the first time, but also to existing small businesses looking to expand.

Kirsty Gurr from Dunbar, Scotland, was our 1,000th start up loan recipient. Watch her story to see how Kirsty made her business dream become a reality.

Register for a Start Up Loan

To read more about Kirsty’s start up story, click here, or, if you are based in Scotland and interested in applying for a start up loan, register online today.


Some Key Details about the Start Up Loan…

What is a Start Up Loan Transmit Start-Ups


Download our Start Up Loans information sheet

Register for a Start Up Loan

Meet Our Scotland Start Up Business Mentors…

Our mentors make themselves available to our start up loan recipients for a few hours every month, to help a lending hand and offer a listening ear on what will undoubtedly be a very demanding time. We work with a carefully selected group of mentors, chosen for their expertise and own experiences in the business field and well-placed to offer some support and guidance to budding entrepreneurs.

As a group of successful individuals, they provide our entrepreneurs with access to a wealth of expertise and knowledge delivered in a way that is timely and tailored specifically to each start-ups business scenario.

Michelle Doherty
Business Advisor

Morag Kelly
Business Advisor

Tony Couch
Network Manager

Sharon Ritchie
Network Manager


Some FAQs Answered…

  1. How do I know if I am eligible?

To apply for a loan, you must be aged 18 years or over and based in Scotland or England. We can provide loans from £500 up to £25,000 per person. Each business founder (partner, director or shareholder) can apply for a separate loan. Our loans can only be used for business purposes.

  1. Are there any fees involved?

There are no fees charged for obtaining a Start Up Loan or any of the services associated with it.

There are also no early repayment fees. Repayments are made over a period of 1 to 5 years and have a 6% p.a. fixed interest rate, so you know exactly how much you need to pay back each month.

  1. Are your loans secured or unsecured?

Our loans are unsecured personal loans.

  1. Will I be credit checked as part of my application?

Yes. The approval of all of our loan applications is subject to a credit check.

A Start Up Loan is a personal loan for business purposes. We lend to applicants who are 18 years or older at the time of application. Individuals can receive one loan, however more than one partner in a business can apply for a Start Up Loan. Please note that you will be credit checked as part of your application.

  • You must be aged 18 or over
  • You must be based in the UK
  • The loans are unsecured personal loans
  • The loans can only be used for business purposes
  • We can provide loans of up to £25,000 per person
  • Each business founder (partner, director or shareholder) can apply for a separate loan
  • Repayments are made over a period of 1 to 5 years and have a 6% p.a. fixed interest rate

Register for a Start Up Loan

Repayment Example…

The monthly repayments for a £5000 loan would be approximately:

Loan Period

  • 12 months
  • 24 months
  • 36 months
  • 48 months
  • 60 months

Monthly Repayment

  • £430
  • £222
  • £152
  • £117
  • £97

For other loan amounts and repayment periods, use our Loan Calculator.

The Small Print Register for a Start Up Loan

Transmit Start-Ups Glasgow

Transmit Start-Ups Regus Buchanan Street Glasgow

Transmit Start-Ups c/o Regus
69 Buchanan Street
G1 3HL

Transmit Start-Ups Edinburgh

Transmit Start-Ups Regus Princes Street Edinburgh

Transmit Start-Ups c/o Regus
83 Princes Street

Note: Please do not send any paperwork relating to your loan application to the above addresses. Please send it to our head office in Gateshead.

Money Lent: £30,278,949
Entrepreneurs Backed: 2882