Start-Up Loans

We can help you secure finance to start your business through the Start Up Loan Scheme

We've teamed up with Transmit Start-Ups, a national delivery partner of the Start-Up Loans Company, to help you get the finance you need to launch your business. 

Start Up Loans, between £500 -£25,000 per person, are designed to help you get your business up and running. Transmit approves hundreds of loans, for entrepreneurs like you, every year – from hairdressers and plumbers to app developers and film makers.

We will guide you through the application process, including advice on creating a business plan and cash flow forecast, and also provide free mentoring after receiving your loan.

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

 

Eligibility

A Start Up Loan is an unsecured personal loan for business purposes. Individuals can receive one loan, however more than one partner in a business can apply for a loan.

 

Application Criteria:

 

  • 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 your Interest

If you would like to register your interest in a Start Up Loan then please complete the short form here www.transmitstartups.co.uk/CDC1 or contact us at CDC Enterprise Agency. 

 

Start Up loans is a goverment initiative set up in 2012. Most types of businesses will be considered. Credit check will be conducted, although Transmit Start-Ups do not credit score. If you are a foreign national you must have a relevant visa that extends at least 6 months beyond your loan repayment term