The Start Up Loans scheme was established in September 2012 to encourage self-employment as a viable career path with the hope it would also lead to increased job creation.

The Start Up Loans Company mission is to ensure the provision of affordable finance, free mentoring and support for those looking to start or grow a new business.

The Start Up Loans Company is supported by the British Business Bank, and currently backs on average 28 businesses every day.

Loans are available up to £25,000, over 1-5 years at a fixed 6% interest p.a. Everyone who receives a loan also has access to free business mentoring and exclusive business offers to help their start up succeed.