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 have supported more than 55,000 business ideas with more than £400 million worth of loans.

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 12 months free business mentoring and exclusive business offers to help their start up succeed.