Start Up Loans Business Funding

Start Up Loans offers business funding from £500 to £25,000 with a fixed APR of 7.5% and terms ranging from 12 to 60 months.

Last checked on September 4, 2026. We may earn a commission when you click through.

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✓ Fixed APR of 7.5% ✓ Loan amounts from £500 to £25,000 ✓ 12 months free mentoring included
Business Start Up Loans Reviewed

Start Up Loans Business Funding

Updated 1 month ago

APR Range

7.5%

Amount

£500–£25k

Term

12–60 months

Type

business

Check eligibility →

You'll be redirected to startuploans.co.uk

Our Verdict

This funding option is for new businesses needing support, though the requirement for a detailed business plan may deter some applicants.

Best For

Entrepreneurs seeking initial capital for their start-up with a solid business plan.

Watch Out

The application process can take 2-4 weeks, which may not suit those needing immediate funding.

Pros

  • Fixed APR of 7.5%
  • Loan amounts from £500 to £25,000
  • 12 months free mentoring included
  • Government-backed scheme
  • Suitable for new businesses

Cons

  • Lengthy approval time of 2-4 weeks
  • Business plan required
  • Limited to UK residents aged 18+
  • Not ideal for established businesses
  • Potential for higher costs if terms extended

Full Review

With a fixed APR of 7.5%, Start Up Loans provides a option for budding entrepreneurs. The minimum loan amount of £500 and maximum of £25,000 can cater to various start-up needs. The requirement for a detailed business plan is essential but could be a hurdle for those without prior experience in business planning.

The inclusion of 12 months of free mentoring adds significant value, helping new business owners navigate early challenges. However, potential applicants should be prepared for a relatively lengthy approval process of 2-4 weeks. This could be a disadvantage for those requiring funds urgently.

Customer service reviews indicate a positive experience, although some users report delays in communication during peak periods. Overall, while this scheme is excellent for first-time business owners, those looking for quicker access to cash may want to explore alternative options.

Who Is This For?

New entrepreneurs in the UK looking for financial support to launch their business with a structured plan.

What Borrowers Say

Borrowers generally appreciate the support and mentoring offered, though some express frustration with the lengthy application process.

Summary

Start Up Loans provides business funding from £500 to £25,000 with a fixed APR of 7.5% and terms from 12 to 60 months, aimed at new businesses.

About This Loan

Start Up Loans offers business funding from £500 to £25,000 with a fixed APR of 7.5% and terms ranging from 12 to 60 months.

Requirements

  • UK resident aged 18+
  • Starting a new business or trading less than 60 months
  • Business plan required
  • Government-backed scheme
  • 12 months free mentoring included

Check if you qualify

Check eligibility →

You'll be redirected to startuploans.co.uk

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