Government-backed personal loans for business. Includes free mentorship for 12 months. Not a grant - a loan in the applicant's personal name, but low-interest and flexible.
Provider
British Business Bank
Provider type
Government-backed loan scheme
Category
Debt (non-dilutive loan)
Amount
Personal loans of 500-25k, 6% fixed interest, 1-5 year terms. Each director in a business can apply (up to 100k total per business).
Deadline
Rolling
Eligibility
UK residents aged 18+, starting or running a business under 36 months old