Possibly. A Start Up Loan can help fund a second site, but only if your business has been trading for 60 months or less and you meet every other eligibility criterion.
What to check
- How long you've been trading: the business must be within 60 months of starting.
- Every other criterion: age, UK residence, right to work and the rest. See Start Up Loan eligibility: am I eligible?
- Affordability: your current business must be able to support the extra repayments.
If you already have a Start Up Loan
A second loan has its own rules. See Second loans: how do I apply for a second Start Up Loan? and Does my second loan have to be for the same business?
If you're not eligible
Other routes can fund a second site, using your current trading as evidence. See How do I fund adding a franchise unit or territory?.
Remember
A Start Up Loan is personal: you repay it personally, whatever happens to either site.
Last reviewed: 8 October 2026